Friday, December 20, 2024
Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover-oil and gas 360

Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover

(Yahoo Finance) – Kosmos Energy has confirmed that it is in “preliminary discussion” with Tullow Oil, an independent oil and gas exploration company, regarding a potential all-share takeover offer. The announcement follows recent media reports speculating about the deal. Tullow Oil, which has faced leadership changes following the resignation of CEO Rahul Dhir on 4 December, acknowledged the approach in