(ShareCast News) - The FTSE 250 crawled back into positive territory on Monday afternoon after the UK mid-cap lost momentum from its early spike. By 1550 BST the index was up 0.12% at 16,913.29, helped along by the steady climbing of Pace despite the set-top box maker's £1.4bn proposed merger with U
Read more(ShareCast News) - Nostrum Oil & Gas has withdrawn its proposed offer to acquire Tethys Petroleum and supply it with interim funding. "Tethys' largest shareholder, Pope Asset Management LLC, has informed Nostrum that it does not support the proposed offer and therefore, despite the progress made by
Read more(ShareCast News) - Nostrum Oil & Gas said its proposed offer for Tethys Petroleum has not yet been accepted by the company's board. The independent oil and gas company said the two have engaged in extended discussions but so far have been unable to agree on the terms of the proposed transaction. "A
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