DNO ASA (DNO.OL)
17 Aug 2018
Thu, Aug 16 2018
* Faroe Petroleum seeks to keep DNO off its board (Adds share price move, analyst, Faroe statement)
Aug 16 Faroe Petroleum Plc said on Thursday its board unanimously recommends that shareholders vote against a proposal by Norwegian oil firm DNO ASA seeking to appoint two of its executives to Faroe's board.
OSLO, Aug 15 (Reuters) - * Norwegian shares traded down on Wednesday * Oslo's benchmark index fell -0.47 pct, or -4.09 points, to 891.72 points and was up by 9.99 pct year-to-date * The broader Oslo All Share Index was down 0.36 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell $-0.8 to $71.66 a barrel * Among the biggest firms on the Oslo Bourse, Equinor fell -0.42 pct, Telenor rose 0.47 pct and DNB rose 0.12 pct * Turnover at the Oslo Bourse was 1.3 billion Norwegian
BRIEF-DNO ASA Says Contemplating Issuance Of New 5 Year Senior Unsecured Bond With Minimum Size Of USD 400 mln Through Private Placement
* DNO ASA SAYS IS CONTEMPLATING ISSUANCE OF A NEW, FIVE-YEAR SENIOR UNSECURED BOND WITH A MINIMUM SIZE OF USD 400 MILLION THROUGH A PRIVATE PLACEMENT
LONDON, May 3 Faroe Petroleum has hired investment bank Rothschild to prepare for a potential takeover bid by Norwegian oil company DNO, industry and banking sources said.
OSLO Norwegian oil firm DNO increased its stake in Faroe Petroleum to 25.4 percent on Wednesday, after announcing earlier in the day that it had bought a 15.4 percent holding in the British company.
OSLO, April 4 Norwegian oil firm DNO increased its stake in Faroe Petroleum to 25.4 percent on Wednesday, after announcing earlier in the day that it had bought a 15.4 percent holding in the British company.
OSLO, April 4 Norwegian oil firm DNO, which early on Wednesday bought a 15.4 percent stake in Faroe Petroleum, said after market close that it aims to further raise its holdings in the British company to around 25 percent.
** Trade war concerns increase after China announces additional tariffs on $50 bln of U.S. goods