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Fri, 04th Sep 2020 13:53
(Adds response from Gulf Keystone, share movement) OSLO/BENGALURU, July 29 (Reuters) - Norwegian energy firm DNO ASA expanded its foothold in Iraqi Kurdistan on Friday by offering to purchase rival Gulf Keystone Petroleum Ltd for $300 million, following the latter's junk bond deal this mon
Read more(Repeats, without changes, story first published on Tuesday) * Traded volumes hit record high as retail investors pile in * Junk bond funds set to get large stake after debt swap By Alasdair Pal and Dmitry Zhdannikov LONDON, July 19 (Reuters) - Gulf Keystone's stock spiked
Read more* Traded volumes hit record high as retail investors pile in * Junk bond funds set to get large stake after debt swap By Alasdair Pal and Dmitry Zhdannikov LONDON, July 19 (Reuters) - Gulf Keystone's stock spiked and fell by a third on Tuesday as retail investors flooded chatroo
Read more** Gulf Keystone Petroleum rises 32 pct, taking two-day gains to 128 pct as a major restructure of the business continues ** Distressed debt funds set for large stakes in the Iraqi oil producer once a debt-for-equity swap completes ** Multiple traders cite a large short squeeze for th
Read more(ShareCast News) - Gulf Keystone Petroleum shares could be worth buying, said the Sunday Times' Inside the City column, if shareholders vote to accept a debt restructuring deal that will leave them just 14% of the embattled oil producer. Shares in the Kurdistan-focused company last week dipped below
Read more* GKP shares down more than 30 pct * Current shareholders see ownership diluted to 5 pct * Sothic Capital to become a main shareholder -sources * Proceeds to be used to raise Shaikan production (Adds background, analyst comment, share and debt prices) By Karolin Schaps a
Read more** Oil producer Gulf Keystone Petroleum Ltd's shares down about 16 pct; co expects to default on bond payments as standstill agreement with notes and bond holders expired on July 1 ** Co says it does not intend to make April coupon payments; restructuring discussions ongoing despite expira
Read more(ShareCast News) - A group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament. The action, brought by law firm Mishcon de Reya, would potentially complicate Britain's path to leaving the EU, given that a majority of
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