UK's Capricorn Energy falls after bidder DNO says won't hike offer
28/09/2026 08:55
BUZZ-UK's Capricorn Energy falls after bidder DNO says won't hike offer ** Shares of oil and gas producer Capricorn Energy CNE.L down 4.6% at 429p
** Norway's DNO ASA DNO.OL says its bid price of $5.214 per Capricorn share is final and will not be increased
** DNO and rival bidder Genel Energy GENL.L have been tabling offers for Capricorn Energy in recent months, with Genel taking the lead with its higher $436 million cash offer last week
** YTD, CNE up about 120%
(Reporting by Roshni Srivastava in Bengaluru)
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