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Surely Petronas are in breach of contract if they dump Savanah for Caltech at this late stage. They can't have been negotiating this long without something in writing, like Heads of Agreement.
If the deal was dead in the water since the 22nd August, shouldn't the company have issued an RNS confirming the fact and re-admitted the shares to tading?
RE: Ceasefire and negotiation sudan25 Apr 2023 10:59
I would imagine from the Petronas side they would want to conclue the sale as soon as possible, whether Savannah would want to delay things in view of the situation in Sudan is another matter.