Capricorn shareholder opposes $1.4 Billion Tullow merger
Capricorn Energy’s proposed merger with Tullow Oil criticized as a “rights issue in disguise”. Hedge fund Kite Lake, which holds a 4.6% stake in Capricorn, Criticizes the transaction alongside Legal and General Investment Management (LGIM). Capricorn Energy’s proposed merger with rival oil and gas firm Tullow Oil has been criticized by a second major shareholder … Read more