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Israel-based Ratio Petroleum to acquire Pharos Energy

Israel-based Ratio Petroleum to acquire Pharos Energy

- Israel-based Ratio Petroleum Energy LP RTPTp.TA said on Wednesday it had reached an agreement with Pharos Energy plc PHARP.L to acquire the London-listed oil company.

Pharos has production assets in Vietnam and Egypt.


(Reporting by Stephanie Kelly, Editing by Timothy Heritage)

((Stephanie.Kelly@tr.com))

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