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Heritage Oil Corporation

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The next big deal?

10.09.09
The Deal is back. Kraft’s unsolicited £10 billion bid for Cadbury. The merger of T-Mobile and Orange to form Britain’s largest mobile phone operator. Investment bankers are slavering after 18 months of what former senior Tory Alan Duncan might term “living on rations” ... more

Brokers’ bad connection to Vodafone

14.07.09
Mobile phones giant Vodafone appears to be ringing all the wrong numbers as far as City analysts are concerned these days ... more

Heritage Oil on a rocky ride in fundraising to buy Genel

15.06.09
Shares of Heritage Oil hit a low for the day of 510p before rebounding with a rise of 26½p to 532p after announcing plans to raise up to £137 million to help finance the proposed acquisition of Genel Energy International... more

Tony in the Footsie, and in the money

11.06.09
Former mercenary Tony Buckingham, whose exotic connections with the notorious Executive Outcomes and Sandline organisations and as a former associate of jailed Etonian Simon Mann, have in the past excited much comment, is set to become a FTSE 100 boss ... more

Heritage confirms it is to buy Genel

09.06.09
Heritage Oil, the explorer founded by former mercenary Tony Buckingham, confirmed its reverse takeover of Turkey’s Genel Energy ... more

Cook dives on fears of stake sell-off

05.06.09
Thomas Cook investors must be feeling in need of a holiday. The tour operator was the biggest loser on the top flight today, shedding 9¼p to 216p amid renewed fears that its stricken German parent will offload its stake ... more

Heritage Oil holds merger talks with mystery suitor

03.06.09
Mercenary-turned-oil tycoon Tony Buckingham has admitted his £1.4 billion Heritage Oil business was in merger talks ... more

Barclays shares backtrack as Singapore loses £800m

03.06.09
Only a day after the Abu Dhabi ruling family made £1.5 billion profit in just seven months from selling its stake in Barclays, it has emerged that a rival sovereign wealth fund has lost as much as £800 million through investing in the bank ... more

Wolseley powers ahead as it dumps US lossmaker

06.05.09
Shares in Wolseley, the world’s biggest plumbing-equipment supplier, soared 107p to 1456p today after American investor Gores Group took the lossmaking US subsidiary Stock Building Supply off its hands... more

Market report: Banks and builders cheer rate cut but Footsie slides

05.02.09
Banks and builders gave a big round of applause to the Bank of England monetary policy committee’s latest half-point cut in interest rates to a record low of 1%... more

Market report: 3i shares at lowest since floating as deals dry up

16.12.08
Shares in private-equity giant 3i hit the skids for the second day in a row, tumbling to their lowest since floating 14 years ago... more

Heritage and Tullow extend Ugandan roll

16.12.08
Energy: The big oil finds in Uganda keep coming for Heritage Oil and Tullow Oil... more

Market report: Rights issue takers lose out as banks pounded

16.09.08
The big High Street banks took another tonking, leaving investors who this summer took up or underwrote £16 billion of rights issues from HBOS and Royal Bank of Scotland nursing hefty losses... more

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