The all-cash deal from Energy Investments Global, a subsidiary of Al Mirqab Capital, has already been recommended by the Heritage board, but one analyst raised the prospect of a counter bid.
Al Mirqab, indirectly owned by Qatari ruler Sheikh Hamad bin Jassim bin Jabor al Thani and his family, this week offered £3.20 ($5.38) per share for Heritage, valuing the company at £924 million, or $1.55