{"id":7806,"date":"2026-06-03T06:54:27","date_gmt":"2026-06-03T06:54:27","guid":{"rendered":"https:\/\/stock999.top\/?p=7806"},"modified":"2026-06-03T06:54:27","modified_gmt":"2026-06-03T06:54:27","slug":"capricorn-energy-suitor-given-new-bid-deadline-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=7806","title":{"rendered":"Capricorn Energy suitor given new bid deadline \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Capricorn Energy: subject to takeover proposal<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">A Middle East suitor pursuing Edinburgh-based oil and gas explorer Capricorn Energy has been given more time to make its takeover intentions known.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Capricorn, formerly known as Cairn Energy, announced in March that it had received unsolicited non-binding proposals regarding a potential cash offer for the firm from Saudi-owned Alamadiyaf al-Masiyyah, a member of the Cafani Group.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The latest deadline, set for today, has been further extended to 1 July.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Scottish company has undergone considerable changes since being set up by former Scottish rugby international Sir Bill Gammell and is now focused on North Africa.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Capricorn board has been evaluating M&amp;A opportunities in the UK North Sea\u00a0and in the MENA region against a strict set of strategic, financial and returns criteria.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Capricorn was boosted recently when a court cleared the way for the company to receive up to $5m which had been held up by a legal dispute concerning North Sea assets it once owned.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Its biggest single shareholder is Palliser Capital with 13.83% of the stock, followed by Newlyn Partners with 13.6% and Morgan Stanley on 11.8%.<\/p>\n<p>           \t            #Capricorn #Energy #suitor #bid #deadline #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capricorn Energy: subject to takeover proposal A Middle East suitor pursuing Edinburgh-based oil and gas&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[2488,2329,272,13751,2490,2489,306,5718,526,13752],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7806"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7806"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7806\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}