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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hague Ldn | LSE:HNL | London | Ordinary Share | GB00BSNM2916 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.125 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
LONDON-- Hague & London Oil PLC (HNL.LN) Monday announced of gas production assets in the North Sea from Tullow Oil PLC's (TLW.LN) Netherlands arm for an enterprise value of 4.8 million euros ($5.1 million).
Tullow Netherlands Holding Coöperatief B.A. will receive EUR9.8 million when the deal completes plus EUR20 million in contingency payments between 2019 and 2012, H&L said.
The deals counts as a reverse takeover given its size, said H&L, whose shares were suspended on April 4 due to it being in talks about the acquisition.
An enterprise value of a company takes account of its cash and debt.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
April 10, 2017 02:37 ET (06:37 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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