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DNO ASA (DNO.OL)

DNO.OL on Oslo Stock Exchange

14.53NOK
12 Dec 2018
Change (% chg)

kr0.35 (+2.50%)
Prev Close
kr14.18
Open
kr14.38
Day's High
kr14.62
Day's Low
kr14.21
Volume
3,836,015
Avg. Vol
7,187,725
52-wk High
kr19.85
52-wk Low
kr8.70

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Wed, Dec 12 2018

DNO presses on with $780 mln Faroe Petroleum cash bid despite board rejection

LONDON, Dec 12 Norway's DNO is sticking to its offer to buy Faroe Petroleum for 152 pence per share, valuing the company at about 610 million pounds ($761.65 million), insisting it is an attractive offer despite its rejection by the Faroe board.

Faroe Petroleum's asset swap with Equinor could raise stakes in DNO bid battle

OSLO Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor, in a move that could raise the price that hostile bidder DNO has to pay to secure the British energy company.

Faroe Petroleum's asset swap with Equinor could raise stakes in DNO bid battle

OSLO Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor , in a move that could raise the price that hostile bidder DNO has to pay to secure the British energy company.

UPDATE 4-Faroe Petroleum's asset swap with Equinor could raise stakes in DNO bid battle

* Comes as peer DNO in hostile bid for Faroe (Adds DNO comment, updates share price)

Equinor, Faroe Petroleum in Norway asset swap

OSLO, Dec 5 Britain's Faroe Petroleum, the subject of a hostile bid by DNO, has agreed to a swap of Norwegian oil and gas assets with state-controlled Equinor, it said on Wednesday.

Faroe Petroleum scorns £608 million DNO bid as 'inadequate'

LONDON Britain's Faroe Petroleum rejected a 608 million pound hostile bid by DNO on Monday, which it said substantially undervalued the Aberdeen-based firm.

UPDATE 5-Faroe Petroleum scorns $781 mln DNO bid as 'inadequate'

* Faroe shares close over 26 pct (Adds rejection from Faroe, comments and updates shares)

Faroe Petroleum shares soar after DNO makes hostile bid

LONDON Norway's DNO has launched a hostile bid to buy all of Faroe Petroleum in a deal valuing the London-listed company at around 608 million pounds ($781 million), sending Faroe shares up by a quarter.

Faroe Petroleum rejects DNO's hostile bid

Faroe Petroleum rejected a hostile bid from Norway's DNO on Monday, saying it substantially undervalued the company.

Faroe Petroleum rejects DNO's hostile bid

Faroe Petroleum rejected a hostile bid from Norway's DNO on Monday, saying it substantially undervalued the company.

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