Brief: DNO Divests Côte D’Ivoire Business, Streamlines Portfolio And Realizes Strong Returns
BRIEF-DNO Divests Côte D’Ivoire Business, Streamlines Portfolio And Realizes Strong Returns Aug 19 (Reuters) - Dno ASA DNO.OL:
REG-DNO DIVESTS CÔTE D’IVOIRE BUSINESS, STREAMLINES PORTFOLIO AND REALIZES STRONG RETURNS
DNO ASA - TOTAL CONSIDERATION AMOUNTS TO USD 86.5 MILLION, COMPRISING USD 65.1 MILLION IN CASH AND BALANCE IN 7,000,000 PANORO SHARES TO BE ISSUED
DNO ASA - ESTIMATES AN ANNUALIZED RETURN (IRR) OF APPROXIMATELY 24 PERCENT ON ITS INVESTMENT SINCE ENTERING CÔTE D'IVOIRE IN OCTOBER 2022
Source text: ID:nGNEfK81L
Further company coverage: DNO.OL
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