Investor opposition threatening Medco deal for Ophir
Ophir Energy Plc’s takeover by Medco Energi Internasional Tbk could be blocked by a contingent of the U.K. company’s shareholders who want a higher offer, according to some of the investors.
Medco
Ophir agrees £390m takeover
Ophir Energy has agreed to a takeover by Indonesia's Medco in a deal that values the London-listed company at £390 million.
Ophir board rejects Medco takeover offer
The board at London-listed oil firm Ophir Energy has rejected a takeover offer from Indonesian company Medco.
Ophir shares jump amid takeover talks
Shares in Ophir Energy climbed rapidly after the London-based exploration and production firm confirmed talks with a potential new owner.