Faroe Fights DNO Offer With $1.1 Billion Valuation Report
Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Faroe Fights DNO Offer With $1.1 Billion Valuation Report

(Bloomberg) -- Faroe Petroleum Plc said its value far surpasses a bid by DNO ASA, citing an independent assessment in a last-ditch effort to persuade shareholders to reject the hostile offer just h...
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