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15 Oct 19
Nigeria: Eland Oil & Gas recommends cash acquisition by Seplat Petroleum
The boards of Seplat Petroleum and Eland Oil & Gas have reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Eland by Seplat. The Acquisition values the entire issued and to be issued ordinary share capital of Eland at approx. GBP382 million on a fully diluted basis



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