17th Mar 2015 16:25
LONDON (Alliance News) - Dragon Oil PLC Tuesday said it has received an approach from Dubai based Emirates National Oil Co Ltd LLC about a possible takeover offer for the company.
Dragon Oil shares were trading up 5.8% on Tuesday at 565.88 pence per share.
The company said Emirates has made an approach, but said there can be no certainty an offer will be made.
By Joshua Warner; [email protected]; @JoshAlliance
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