Buyer may be circling Dublin fracking firm
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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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures