Faroe concedes defeat after Norwegian raid
Industry
London-listed North Sea oil explorer Faroe Petroleum’s board has conceded defeat in a long-running takeover bid and advised its shareholders
London-listed North Sea oil explorer Faroe Petroleum’s board has conceded defeat in a long-running takeover bid and advised its shareholders
Three institutional shareholders in Faroe Petroleum have sold a slice of their shares before a hostile bid for the oil
Shares in Faroe Petroleum rose more than 25 per cent after its largest shareholder launched a £608-million takeover bid for
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