Ledbury Seeks to Block MPI-Maurel Merger Unless Bid Is Improved

  • Ledbury says 1 Maurel share per MPI share would be a fair bid
  • Combined companies better placed for oil rebound: Maurel CEO

Ledbury Capital Partners LLP will seek to block the French oil explorer Etablissements Maurel & Prom SA’s proposed acquisition of MPI unless its bid is improved.

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