NEWS ARCHIVE

Hong Kong predator extends Orchard offer

TAKEOVER predator Eskdale Petroleum has extended its $175 million offer for California-focused Australian junior Orchard Petroleum by another fortnight.

Sonya Neufeld

The company – a wholly-owned subsidiary of Hong Kong-based Crosby Capital Partners – yesterday extended the offer from February 15 to March 1. As of mid-January, Eskdale had received acceptances for...

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