SDX Energy Shares Fall After Talks to Buy BP Egypt Assets Canceled
October 18 2018 - 04:17AM
Dow Jones News
By Oliver Griffin
London-listed shares in SDX Energy Inc. (SDX.V) fell after it
said talks to buy a package of assets from BP PLC (BP.LN) in Egypt
have ended by mutual agreement.
As the acquisition has been canceled, the company said trading
of its shares on the AIM market of the London Stock Exchange has
resumed.
The company said it continues to review and pursue growth
opportunities across its areas of operations in North Africa.
Shares at 0736 GMT were down 4.4% at 55 pence.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
October 18, 2018 04:02 ET (08:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
BP (NYSE:BP)
Historical Stock Chart
From Feb 2024 to Mar 2024
BP (NYSE:BP)
Historical Stock Chart
From Mar 2023 to Mar 2024