Roc shareholder disputes merger

 	Australia's ASX building is seen in central Sydney October 25, 2010. Singapore Exchange (SGX) unveiled an agreed $8.3 billion takeover offer for Sydney-based ASX Ltd on Monday to create the fifth-largest listed exchange in the world. REUTERS/Daniel Munoz (AUSTRALIA - Tags: BUSINESS)

Merger dispute: Major shareholder not happy about terms of deal

Australia’s investment house Allan Gray is disputing the legitimacy of the decision-making process in the merger between Roc Oil and Horizon Oil, calling for an extraordinary general meeting.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login