Thursday 28 July 2011

Media reports of Rothschild takeover bid fuels Dana Gas shares - The National

Stocks of Dana Gas jumped their most in a month after reports surfaced that the Sharjah-based company is being stalked as a possible takeover target.

Vallares, the investment vehicle backed by Nat Rothschild and ex-BP boss Tony Hayward, is exploring a bid for Dana Gas, according to media reports.

Dana's shares rose 3.39 per cent to 61 fils per share.


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