The bid for Dublin-listed player Dragon was raised to £8 ($12.50) per share, up from the previous offer of £7.50 per share and declared “the best and final offer” by Enoc, which already owns 54% of Dragon.
Following the increased offer, Enoc won the acceptance of 29.92% Dragon’s shareholders, placing its overall share at approximately 83.82%, it said.
"With the level of acceptance now received, we have declared the offer unconditional in all aspects," chief executive Saif Al Falasi said.
