Aberdeen-based Parkmead said its original offer, made inlate May, will not be increased following “full technical,financial and legal due diligence of Lochard Energy and its assets”. Parkmead has made ...
THE Parkmead Group run by Tom Cross moved closer to taking control of North Sea-focused Lochard Energy following a dramatic U-turn by some shareholders who had been opposed to the deal. The erstwhile ...
The AIM-listed player’s shares dropped about 5% on Monday after the announcement, which followed a preliminary approach for the company made on 1 September. “Although no offer was made, the board ...