Edinburgh Oil & Gas Founder in Line for Pounds-5m Sale Windfall Minnow Confirms Joint Approach by Dutch Giants
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Summary
EDINBURGH Oil & Gas confirmed it was in takeover talks with two Dutch giants, which could result in a pounds-5m-plus windfall for founding managing director Alf Bissett after more than 20 years running the Scottish minnow.
Following the announcement that EOG had received a joint approach from Dyas UK, a subsidiary of the SHV Calor Gas-to-Makro retail empire, and Oranje-Nassau E&P, shares in the company leapt 18-per cent to a record 294.5p.See the full content of this document
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Edinburgh Oil & Gas Founder in Line for Pounds-5m Sale Windfall Minnow Confirms Joint Approach by Dutch Giants
SHV started life in the coal trading business in the 19th century under the control of the Van Vlissingens. A scion of the family, Paul, has a hug...
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