Monday 6 July 2015
 
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Enoc

Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc offer undervalues Dragon Oil: major investor

Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (Enoc) ‘materially undervalued’ the company.

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Enoc signs $1.5bn 9-year loan from 21 banks

Dubai's Emirates National Oil Company (Enoc) has secured a $1.5 billion nine-year loan from 21 banks to support its expansion plans and provide the energy firm with long term funding, it said on Wednesday. The funding was init

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Enoc signs $1.5bn 9-year loan from 21 banks

Dubai's Emirates National Oil Company (Enoc) has secured a $1.5 billion nine-year loan from 21 banks to support its expansion plans and provide the energy firm with long term funding, it said on Wednesday. The funding was init

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Dragon Oil agrees to increased 750 pence-per-share Enoc offer

Dragon Oil said it agreed to an increased takeover offer by Emirates National Oil Co (Enoc) after the Dubai-based group increased its offer to buy out the company's minority shareholders.   Shares in Dragon O

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Enoc in bid to buy out Dragon Oil’s minority shareholders

Emirates National Oil Co (Enoc) went public with an offer to buy out minority shareholders in Dragon Oil, saying talks with a committee set up by the Turkmenistan-focused oil explorer had not yet produced the endorsement it believed its ‘f

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Enoc marketing $1.5bn long-term underwritten loan

A $1.5 billion nine-year loan for Dubai's Emirates National Oil Company (Enoc) is being marketed to banks after receiving commitments from seven lenders to fully back the financing, three sources aware of the matter said on Thursday.

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Dragon Oil sets up committee to vet Enoc takeover deal

Turkmenistan-focused oil explorer Dragon Oil has established an independent committee to assess a takeover approach made by Emirates National Oil Company (Enoc) last week, it said. The Emirati company, which owns nearly 54 per cen

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Enoc hires M&A team; firm close to $1.5bn loan

Dubai's Emirates National Oil Company (Enoc) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday. The state-own

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