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Ophir Energy lining up $2 bln London float - paper
Africa-focused oil company Ophir Energy, which is backed by Indian steel magnate Lakshmi Mittal, is preparing for a $2 billion float in London, the Sunday Times reported citing sources. The company, which has a portfolio of oil fields across Africa, plans to raise up to $500 million by selling a quarter of its shares before the summer to fund the development of recent finds, the newspaper said.
Africa-focused oil company Ophir Energy, which is backed by Indian steel magnate Lakshmi Mittal, is preparing for a $2 billion float in London, the Sunday Times reported citing sources. The company, which has a portfolio of oil fields across Africa, plans to raise up to $500 million by selling a quarter of its shares before the summer to fund the development of recent finds, the newspaper said.
L N Mittal doubles his stake in Ophir Energy
Steel magnet Lakshmi N Mittal has paid over $110 million to double his stake in Africa-focused Ophir Energy Plc to 21.2 per cent even as he exited the oil and gas business in the Central Asian nation
Steel magnet Lakshmi N Mittal has paid over $110 million to double his stake in Africa-focused Ophir Energy Plc to 21.2 per cent even as he exited the oil and gas business in the Central Asian nation
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