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Serica Energy PLC (AIM:SQZ) has ruled out raising its 32.6683p-a-share offer for Pharos Energy (LSE:PHAR), holding its ground after rival bidder Ratio Petroleum Energy LP increased its proposal. Serica's offer comprises 28.6683p in cash plus a 4.0p special dividend.
Serica Energy plc (SQZZF) Q2 2026 Earnings Call Transcript
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