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Cash bid raised for 46% of Turkmenistan-focused explorer
Activist hedge fund says bid by Dubai’s national oil group is too low
Dubai oil group warns investors fighting buyout offer that company could stop paying dividends
All is not well in the beast’s lair
Governments can add to the buzz around start-ups but can’t make a cluster successful
Majority shareholder sweetens bid for London-listed producer to 750p a share
Proposed deal would value Dublin and London-listed crude producer’s equity at £3.6bn
Approach comes just over five years after the failure of a similar attempt by majority owner
Group pitches offer proposal at 230p a share, a 30% premium
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