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(Alliance News) - The FTSE 100 was being boosted by housebuilders at midday on Tuesday, while a raft of UK consumer stocks were enjoying a rally on the hopes that the new prime minister, Liz Truss, will help soften the blow of surging energy bills.
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Sept 6 (Reuters) - Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said on Tuesday it was exploring alternative deals after unnamed parties expressed interest.
Read more(Alliance News) - Capricorn Energy PLC on Tuesday said it is considering alternatives to its previously announced merger with Tullow Oil PLC, as it posted a narrowed loss in the first half of 2022.
Read more(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower.
Read more(Alliance News) - European stock markets turned decisively lower on Wednesday after inflation in the eurozone accelerated by more-than-expected, raising expectations for further aggressive interest rate hikes by central banks.
Read more(Alliance News) - Kenmare Resources PLC on Thursday named former Tullow Oil PLC chief financial officer Tom Hickey as its new financial director.
Read more(Alliance News) - Stocks in London closed in the red on Tuesday after another day of poor economic data from across the globe.
Read more(Alliance News) - Stocks in London closed in the red on Tuesday after another day of poor economic data from across the globe.
Read moreLONDON, Aug 15 (Reuters) - Major Capricorn Energy investor Madison Avenue sees Capricorn's value at a minimum of 300 pence per share, above its value in a planned merger with Tullow Oil, adding its voice to criticism of the deal by some Capricorn investors.
Read moreLONDON, Aug 9 (Reuters) - Capricorn Energy should ditch its proposed merger with Tullow Oil, investor Palliser has said in a letter seen by Reuters, describing it as "one-sided" and short of "meaningful strategic rationale".
Read more(Alliance News) - Palliser Capital Master Fund Ltd, one of Capricorn Energy PLC's largest investors, on Tuesday said its proposed merger with Tullow Oil PLC is "one-sided" and called for Capricorn to withdraw.
Read moreLONDON, Aug 9 (Reuters) - Capricorn Energy investor Palliser has called on the firm to ditch a proposed merger with Tullow Oil after describing the deal as "one-sided" and short of "meaningful strategic rationale", a letter seen by Reuters showed.
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(Sharecast News) - Palliser Capital, one of Capricorn Energy's largest shareholders, has called on the company to withdraw its recommendation for the agreed merger with Tullow Energy.
Read moreAug 5 (Reuters) - Africa-focused Tullow Oil said on Friday it would abandon its drilling operations at an exploration well offshore Guyana after results showed the well bore water, sending its shares lower.
Read moreTullow Oil PLC - London-based oil and gas exploration company - Completes drilling at Beebei-Potaro exploration well, in Kanuku license, offshore Guyana. Says primary and secondary targets were water-bearing, but notes good quality reservoir at both targets. The well is now plugged and abandoned. It was drilled to a total depth of 4,325 metres in 71 metres of water by the Noble Regina Allen rig.
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