More chance now of a counter bid?
In response to speculation, Premier Oil Plc confirms that it has received a
preliminary and conditional proposal regarding a possible offer for the Company.
The proposal is subject to a number of conditions, including due diligence and
financing. Discussions are at an extremely early stage and, consequently, there
can be no certainty that an offer will be made nor as to the terms on which any
offer might be made. A further announcement will be made when appropriate.
HDR
hardman resources limited
now bid for premier oil
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