Summary
THREE independent directors of Kazakhstan oil producer Nelson Resources refused to be rolled over by a Pounds 1.1bn takeover bid from Russian giant Lukoil.
Kazakh investors, who own 65pc, are backing Lukoil. But the 124p offer is below the recent London share price of 139p. The dissidents, led by Swiss lawyer Gilles Thieffry, are seeking independent advice on whether it is fair.See the full content of this document
Extract
Nelson Trio Wary of Lukoil Bid
Nelson, floated on...
See the full content of this document
Sponsored links
