{"id":32254,"date":"2026-07-24T21:45:35","date_gmt":"2026-07-24T21:45:35","guid":{"rendered":"https:\/\/microvibenews.com\/?p=32254"},"modified":"2026-07-24T21:45:35","modified_gmt":"2026-07-24T21:45:35","slug":"capricorn-suitors-given-new-deadline-for-offers-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=32254","title":{"rendered":"Capricorn suitors given new deadline for offers \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3.png\" alt=\"Capricorn Energy\" class=\"wp-image-145931 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"494\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3.png\" alt=\"Capricorn Energy\" class=\"wp-image-145931 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3-300x187.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3-768x478.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/01\/Capricorn-Energy-3-600x373.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Capricorn Energy is in demand<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Capricorn Energy\u2019s rival suitors have been given a deadline by the Takeover Panel for making their intentions known.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The panel has ruled that Saudi invetment group Alamadiyaf al-Masiyyah and Samos must announce by 5pm on 11 August, whether they intend to make a firm offer for the Edinburgh-based oil and gas explorer whose principal interests are in north Africa.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Samos Energy is a special situations investor in energy assets pursuing asset acquisitions and financings across the sector.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The London-headquartered group has a portfolio of oil and gas assets in Thailand, Vietnam and Malaysia.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Samos proposal is worth 381p per share and values the company at $360m, an identical price to an offer from from Kurdistan, Iraq-focused peer\u00a0Genel Energy, as announced on 2 July.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The deadline for Alamadiyaf al-Masiyyah and Samos is seven days before Capricorn\u2019s shareholder meeting on 18 August to approve the recommended all-cash acquisition by Genel Energy. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">All parties have accepted today\u2019s ruling.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Capricorn was founded as Cairn Energy by former Scottish rugby international Bill Gammell. Its biggest single shareholder is Palliser Capital with 13.83% of the stock, followed by Newlyn Partners with 13.6% and Morgan Stanley on 11.8%.<\/p>\n<p><!-- Simple Share Buttons Adder (8.6.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Capricorn #suitors #deadline #offers #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capricorn Energy is in demand &hellip; <\/p>\n","protected":false},"author":1,"featured_media":32255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[15734,266,15736,15735,265,8210,18446,122,18801,18802],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32254"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32254"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/32255"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}