Buyer may be circling Dublin fracking firm

22nd August, 2015
Oisín Fanning

Dublin-based fracking company San Leon Energy is being targeted for takeover, with a bid that could value it at a minimum of £50 million (€69 million) likely to materialise in the next week.

Sources said that at least one potential buyer is circling the company, with management already engaged in preliminary talks.

When contacted, a spokesperson for San Leon said that the company does not comment on market speculation.

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