Local Business Faroe urges shareholders to snub ‘opportunistic’ DNO bid By Mark Lammey November 27 2018, 10.09am Share Faroe urges shareholders to snub ‘opportunistic’ DNO bid Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1618885/faroe-urges-shareholders-to-snub-opportunistic-dno-bid/ Copy Link Photo by Faroe Petroleum Bosses at Faroe Petroleum urged investors to snub a hostile takeover offer from Norwegian oil firm DNO and hold onto their shares. Aberdeen-headquartered Faroe said the unsolicited, £444m bid was “opportunistic and substantially undervalued” Faroe. The London-listed firm encouraged shareholders to take no action. >> Read more on Energy Voice here <<
