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Kosmos Energy is in early talks to acquire Tullow Oil in a potential all-share deal.
US-based oil company Kosmos Energy is in early talks to potentially acquire Tullow Oil, a West Africa-focused firm, in an all-share deal.
Kosmos has until January 9, 2025, to decide if it will make a firm offer.
Tullow's shares rose 5.6%, while Kosmos' fell nearly 14.7% on the news.
The deal could provide operational benefits but faces challenges in satisfying shareholders and creditors.
21 Articles
Kosmos Energy está en conversaciones tempranas para adquirir Tullow Oil en un posible acuerdo de todo-compartir.