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Genel Energy and Capricorn agree terms to higher $436 million deal, topping rival DNO bid

Genel Energy and Capricorn agree terms to higher $436 million deal, topping rival DNO bid

- 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)

((Yamini.Kalia@thomsonreuters.com))

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