20th Jan 2022 16:52
Vivo Energy PLC - sells fuels and lubricants under Shell and Engen brands in 23 African countries - Says takeover by largest shareholder Vitol Group backed at court and general meetings. Vitol, an energy and commodity trading company, has offered USD1.85 per share for Vivo Energy, in a deal valued at USD2.3 billion. Takeover scheme now needs sanctioning at court hearing set for third quarter of 2022.
Current stock price in London: 132.80 pence
12-month change: up 65%
Current stock price in Johannesburg: ZAR27.74
12-month change: up 67%
By Eric Cunha; [email protected]
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