SDX Energy Confirms Talks to Buy BP Egypt Assets
September 20 2018 - 9:45AM
Dow Jones News
By Oliver Griffin
SDX Energy Inc. (SDX.V) said Thursday that it has suspended
trading of its shares immediately and confirmed that it is in talks
with BP PLC (BP.LN) to acquire some of the oil major's assets in
Egypt.
The oil-and-gas company made the comments in response to press
reports. SDX said the deal would constitute a reverse takeover on
AIM rules if successful. A further announcement will be made in due
course, it said.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
September 20, 2018 09:30 ET (13:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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