UK's Capricorn rises as DNO revises terms of $396 mln takeover bid

DNO ASA

17/09/2026 08:30

 
** Shares in Capricorn Energy CNE.L rise 1.6% to 390p
** Co agrees to revised terms of a $396 mln takeover offer from DNO
** DNO to pay $5.214 in cash per Capricorn share, replacing its earlier offer of $4.224 cash plus $0.99 dividend
** So far this year, CNE up 99.3%

(Reporting by Anushka Chourasia in Bengaluru)
((Anushka.Chourasia@thomsonreuters.com))