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JKX Oil & Gas Shares Fall As Proxima Opts Against Takeover Offer

19th Feb 2015 12:38

LONDON (Alliance News) - Proxima Capital Group Inc Thursday said it does not intend to make an offer for JKX Oil & Gas.

Earlier this month Proxima had said it was in the very early stages of considering a potential offer for the company.

JKX shares were down 27% at 24.95 pence on Thursday.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

JKX.L
FTSE 100 Latest
Value8,809.74
Change53.53