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Shell considers options as it extends deadline for Cove

By Benjamin Chiou

Date: Thursday 24 May 2012

Royal Dutch Shell has extended its offer for AIM-listed oil explorer Cove Energy after being trumped by Thai firm PTT Exploration and Production (PTTEP) on Wednesday.

Shell, which had previously had its 220p-a-share cash offer recommended by Cove, says that the new closing date for the offer will...

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