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Faroe Petroleum Board Likely Responds to DNO Offer this Week

Although the board of Faroe Petroleum has until December 26 to respond to DNO’s formal offer for the company, filed on December 12, it is likely to respond to the offer this week,featured

Faroe Avoids Shareholder Vote on Asset Swap

Faroe Petroleum had to seek prior approval from the UK’s Panel on Takeovers and Mergers for its asset swap agreement with Equinor, because under Rule 21 of the Takeover Code, when afeatured

Three Essentials from CTFN this Week

Fox/Disney The General Superintendence of Brazilian antitrust regulator CADE is going to issue its recommendation on the planned merger between 21st Century Fox and the Walt Disney Company early in the week beginning December 3, a source close to Disney told CTFN. Avista/Hydro One Oregon’s utility ratepayer advocate recommended state regulators require the Canadian Province … Read Morefeatured

Present DNO Offer for Faroe Unlikely to Sway Shareholders

The unsolicited offer for Faroe Petroleum plc by DNO ASA is not expected to be embraced by shareholders, sources close to Faroe told CTFN.featured

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