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Genel Energy (GENL) Firmly Rejects DNO ASA's 69p Per Share Cash Takeover Bid, Citing Significant Undervaluation

1 source ·1 article ·14h ago ASA Gold & Precious Metals

On 7 August 2026, Genel Energy plc (GENL) announced its unanimous rejection of an unsolicited cash takeover proposal from Norwegian oil firm DNO ASA, which offered 69 pence per share for the entire issued ordinary share capital. After thoro…

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