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Royal Dutch Shell has agreed a £1.12bn takeover of...

  1. ASXBULL
    839 Posts.
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    25/04/12
    12:02
    Post #: 10030923
    Royal Dutch Shell has agreed a £1.12bn takeover of Mozambique-focused Cove Energy, with the purchase expanding its business in East Africa, where it sees "significant potential" for gas production

    http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9222561/Shell-agrees-1.12bn-cash-offer-for-Cove-Energy.html
    QFY Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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