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.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
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
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.