Thu, 20th Sep 2018 14:17
LONDON (Alliance News) - SDX Energy Inc on Thursday confirmed press reports that it was in discussions for the acquisition of a package of assets in Egypt from FTSE 100-listed BP PLC.
As the acquisition constitutes a reverse takeover under AIM Rule 14, shares in the North Africa-focused oil and gas company have been suspended until an admission document has been published or SDX pulls out of the deal.
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BP (BP.)