12th Jul 2022 11:15
Lamprell PLC - United Arab Emirates-based provider of oil field services - Notes that it received a combined non-binding indicative all cash offer to buy its entire issued share capital on June 24. The offer is from Blofeld Investment Management and Al Gihaz Holding Co. Both companies have a combined stake of 44% in Lamprell. The offer values Lamprell at 9 pence per share and includes a proposed secured bridging loan with a peak total amount of USD145 million. Read More
