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Insider UK
Insider UK
Business
Peter A Walker

Capricorn Energy considers Tullow Oil deal alternatives

Capricorn Energy is “assessing all options” to its proposed merger with Tullow Oil.

Announced at the start of June, the £1.4bn “merger of equals” would see its headquarters move to London.

The Edinburgh-based oil and gas company's half-year report included a statement from chief executive Simon Thomson which explained that the company is exploring “alternative transactions” while continuing to support the proposed deal.

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