SilverBow Resources rejects Kimmeridge's $2.1 billion takeover offer

SilverBow Resources

28/03/2024 12:38

March 28 (Reuters) - SilverBow Resources  SBOW.N  said
on Thursday it has rejected largest shareholder Kimmeridge
Energy Management's latest offer that valued the oil and gas
producer at $2.1 billion, including debt, in the latest rebuff
of the asset manager's efforts.

 (Reporting by Vallari Srivastava and Sourasis in Bengaluru;
Editing by Sriraj Kalluvila and Shilpi Majumdar)
 ((Srivastava.Vallari@thomsonreuters.com;))