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Related company : MEDCO ENERGI INTERNASIONAL
Related company : MEDCO ENERGI INTERNASIONAL
Tone : Neutral
Tone : Neutral
Medco to buy Ophir Energy in 391m pound deal
| Summary |
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| The Jakarta Post, January 31, 2019 |
| Medco Energi Global, a subsidiary of oil and gas giant Medco Energi International, reportedly clinched a deal on Wednesday to take over the United Kingdom-listed oil and gas giant Ophir Energy in a 390.6 million pound sterling ($511 million) agreement. Medco CEO Roberto Lorato said the acquisition would further strengthen Medco’s position as a leading private oil and gas player in Southeast Asia. |
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