Tullow Oil to acquire Capricorn Energy in all-stock deal

Combined group will have market cap of about $1.5 billion and will focus on Africa

Lead role: Tullow Oil chief executive Rahul Dhir will lead the combined group — Lead role: Tullow Oil chief executive Rahul Dhir will lead the combined groupPhoto: TULLOW OIL

Published 1 June 2022, 07:27Updated 1 June 2022, 08:29