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Dragon's offer 'may revive M&A'

Dragon Oil’s potential $785 million offer for Ireland’s Petroceltic International is a “win-win situation” for both companies and could boost the flagging fortunes of the mergers and acquisitions market for European upstream players, analysts said.

Takeover talk: London-listed explorers like Ophir, Afren, Rockhopper and Providence Resources could be next in line for M&A, say analysts
Takeover talk: London-listed explorers like Ophir, Afren, Rockhopper and Providence Resources could be next in line for M&A, say analysts
Published 6 October 2014, 15:14Updated 11 October 2016, 15:48
Europe