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Shell extends Cove offer date

Supermajor Shell has extended the closing date of its takeover offer for UK-listed Cove Energy to 27 June 2012, despite the target advising its shareholders to accept a rival bid from Thailand’s PTT Exploration and Production.

Hanging on: Shell refuses to be left high and dry in its Cove bid, despite the target recommending another offer.
Hanging on: Shell refuses to be left high and dry in its Cove bid, despite the target recommending another offer.
Published 14 June 2012, 07:35Updated 14 June 2012, 07:37
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