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DNO Withdraws 69p-Per-Share Takeover Bid for Genel Energy (GENL) After Board Declines to Engage
DNO ASA has announced it will not proceed with a formal offer to acquire Genel Energy plc (GENL), ending the potential takeover bid publicly disclosed on 7 August 2026. The Norwegian oil firm had proposed a cash offer of 69 pence per Genel…
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