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Takeover bid aims to secure African options

A KEEN focus on prospective oil and gas opportunities in Africa has underscored Tangiers Petroleu...

Andrew Snelling
Takeover bid aims to secure African options

Tangiers valued Jacka's shares at 11.2c per share, a 56% premium to Jacka's last closing price of 7.2c. Based on Tangiers closing price of 24c on November 29, the offer values Jacka at $37 million on...

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