Altinex: Open to Eventual Merger Talks with Noreco

Altinex ASA's board on Friday acknowledged Noreco's recent share transactions and offer, along with its revealed intention of merging with Altinex.

The board pointed out that information from its Huntington well in the UK should be disclosed to the market in the near future. After that point, the board indicated that it would be open to a dialog with Noreco concerning an eventual merger.

Altinex's board also reiterated its opinion that the going Altinex share price in the market undervalues the company.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Substation Engineer
Expertise: Engineering Manager
Location: Florida, FL
Business Development Analyst
Expertise: Business Analyst|Business Development
Location: Chesapeake, VA
Attorney I
Expertise: Contracts Administration|Legal
Location: Houston, 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours