Get all premium features to the best stock analysis tool

UK-listed Genel ​Energy rejected DNO's £202 million ($271.8 ‌million) takeover proposal, the Norwegian oil firm ​said on Friday.

Genel Energy LON: GENL reported that production suspensions at its Tawke operations weighed heavily on first-half performance, while management highlighted its proposed acquisition of Capricorn Energy as a potential step toward greater production scale and geographic diversification.