Genel Energy PLC GENL

Under the revised terms, Capricorn’s shareholders will receive $5.74 per share through cash and a special dividend.

The analyst fair value estimate for Genel Energy has shifted from £0.83 to £0.93, which gives you an updated reference point for where the stock might sit against its fundamentals. Recent commentary on peer companies highlights how earnings visibility, catalysts and pricing power can shape views on risk and reward, and that context is increasingly relevant when you look at Genel Energy at £0.93. Read on to see how these moving parts fit together and how you can track the evolving narrative...

Genel Energy has raised its recommended offer for Capricorn Energy to $5.74 per share, valuing the company at about $436 million and prompting Capricorn’s board to withdraw its recommendation of DNO’s competing bid.

Investing.com -- Shares of Capricorn Energy soared to their highest level since August 2011 on Friday after Genel Energy raised its cash offer to $436 million, outbidding rival DNO and winning renewed backing from Capricorn’s board.

Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) has raised its recommended cash offer for Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) to US$5.74 per share, valuing the company at around US$436 million (£330 million) and trumping rival DNO’s revised proposal by about 10%. The offer comprises...

Not for release, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Oslo, 4 September 2026 – DNO ASA, the Norwegian oil and gas operator, announces that, further to its statement issued on 7 August 2026 regarding a possible offer to acquire Genel Energy plc, it does not intend to make such offer. The full announcement is attached. – For further information

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.KEY INFORMATION (a)Full name of discloser:Dimensional Fund Advisors Ltd. whose parent is Dimensional Fund Advisors LP, and also on behalf their investment advisory affiliates (“Dimensional”). The Dimensional entities are investment advisors and Dimensional expressly disclaims beneficial ownership of the shares describe

DNO and Genel, both partners in a producing oil project in Iraq's Kurdistan, are competing to enter Egypt via Capricorn.

LONDON, September 02, 2026-- FORM 8.3

The acquisition will result in DNO entering Egypt, adding to operations in the North Sea and the Kurdistan region of Iraq.

DNO and Capricorn Energy have agreed terms on a recommended acquisition valued at approximately $396 million, with Capricorn’s board switching its support from Genel Energy’s lower competing offer.

Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) has backed a US$396 million (£292 million) cash takeover by Norway’s DNO ASA, switching its recommendation from an earlier Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) offer after DNO tabled a proposal worth around 10% more. It comes after Genel...

A connected shareholder controls nearly a quarter of Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) following its designation as a takeover target. The business holds no direct interests, financial derivatives, or subscription rights in its own name. Umit Tolga Bilgin emerged as the largest...

Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) shares jumped 13% to 56.6p after it rejected a £202 million cash approach from DNO, its Norwegian rival in the Kurdistan region of Iraq. DNO has taken the proposal public after being rebuffed, a move that raises pressure on the Genel board to...

Genel Energy (LON:GENL) reported that production suspensions at its Tawke operations weighed heavily on first-half performance, while management highlighted its proposed acquisition of Capricorn Energy as a potential step toward greater production scale and geographic diversification. Chief Executi

Shares of investment banking firm PJT Partners (NYSE:PJT) jumped 4.1% in the afternoon session after the company was named as a financial adviser for Genel Energy in its recommended cash acquisition of Capricorn Energy.