AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Petronas' offer for rest of Energy Africa 'final' (HL).
(From Business Times (Malaysia))
Byline: Zety Fazilah Baharuddin
PETRONAS International Corporation Ltd's offer to buy up South Africa's Energy Africa Ltd at 2 billion rand or 43.75 rand a share cash is final.
The wholly-owned subsidiary of national oil corporation Petroliam Nasional Bhd (Petronas) already owns 65 per cent of the issued share capital of Energy Africa directly or indirectly through Engen Ltd.
The offer, made last Thursday, works out to a 25 per cent premium to Energy Africa's closing share price of 35 rand on September 4.
In a statement made available to Business Times, Petronas adviser Morgan Stanley & Co noted …
-
- South Africa's. (Soekor Proprietary Ltd. signs contract with Energy Africa...
-
Magazine article from: The Oil and Gas Journal
November 10, 1997
700+ words
-
- Merger mania continues in mining sector: "Africa is hot in investment...
-
Magazine article from: African Review of Business and Technology
Ross, Priscilla
March 1, 2006
700+ words
-
- Energy Africa seeking to maximise value.
-
News wire article from: Asia Africa Intelligence Wire
September 16, 2002
700+ words
-
- Energy Africa Raider Notches Up 11 Percent.
-
News wire article from: Asia Africa Intelligence Wire
October 24, 2002
700+ words
-
- Energy Africa minorities dispute heads for stalemate.
-
News wire article from: Asia Africa Intelligence Wire
September 10, 2002
700+ words
