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Reuters published this market news item.

Reuters

Genel Energy to buy UK's Capricorn for $360 million

7/2/2026, 02:10 PM GMT+8 Reuters

Sources: Reuters
Markets: Stocks
Active symbols: LSE:CNE, LSE:GENL
Language: English

Kurdistan-focused oil and gas producer Genel Energy LSE:GENL said on Thursday it will acquire Britain's Capricorn Energy LSE:CNE for $360 million in an all-cash deal.