MARKETS

Karoon acquisition of Bauna delayed again

Second speedbump as new longstop date agreed

It is the second time the acquisition has been delayed.

It is the second time the acquisition has been delayed.

  Karoon Energy shrugged off global uncertainty and low oil prices in July and announced it would buy the massive oil field in Brazil for US$665 million.  It then undertook a major management shakeup...

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