Brief: Kuwait Energy Says Court Approves Acquisition Of Co By Unit Of United Energy

United Energy

20/03/2019 12:28

March 20 (Reuters) - Kuwait Energy PLC  IPO-KEC.L :
    * UPDATE ON COURT SANCTION HEARING
    * ROYAL COURT OF JERSEY APPROVED ACQUISITION OF CO BY GOLD
CHEERS,
A UNIT OF UNITED ENERGY GROUP
    * CONSIDERATION TO BE PAID UNDER DEAL WILL BE US$477.2
MILLION
WHICH EQUATES TO A PER SHARE PRICE OF US$1.464

Source text for Eikon:  ID:nRST4714Ta 
Further company coverage:  IPO-KEC.L 

 ((Reuters.Briefs@thomsonreuters.com;))