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Genel to buy Capricorn Energy in $360 million cash deal

Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) has agreed to buy Capricorn Energy in a recommended cash deal valuing the target at around $360 million. The London-listed oil and gas producer will pay $4.74 for each Capricorn share through an indirectly owned subsidiary, Genel Energy No.9.

Proactive Investors • Jul 2, 2026

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