MILAN (Thomson Financial) - Eni SpA said it will launch a compulsory
acquisition of Burren Energy's outstanding shares as its stake in the UK-listed
independent oil producer reached 94.3 pct.
The outstanding Burren shares will be transferred on or after Mar 27, the
Italian oil and gas group said.
Eni had made a 12.30 stg-per-share bid for Burren.
danilo.masoni@thomson.com
dm/jlc
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|