Genel Energy and Capricorn agree terms to higher $436 million deal, topping rival DNO bid
25/09/2026 07:18
Genel Energy and Capricorn agree terms to higher $436 million deal, topping rival DNO bid Sept 25 (Reuters) - Britain's Genel Energy GENL.L raised its recommended cash offer for Capricorn Energy CNE.L on Friday, trumping a bid from Norwegian producer DNO ASA DNO.OL in a months-long bidding contest that has seen Capricorn's board switch allegiances twice.
(Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)