Thursday August 13, 2020

San Leon Energy investor urges Chinese takeover talks

Toscafund Asset Management hopes talks will be quick and amicable

Ian Guider

Markets Editor

8th January, 2017
Oisín Fanning is the boss of San Leon

The biggest investor in San Leon Energy has urged the oil and gas explorer’s management to engage with a Chinese takeover bid for the company.

Toscafund Asset Management, a hedge fund based in London that owns nearly 56 per cent of San Leon, said it hopes that talks will be quick and amicable.

As revealed by The Sunday Business Post in December, San Leon has been in discussions with the little-known Chinese firm Geron...

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