UK Venture Bid Too Low

摘要

Hoping to fend off Centrica's hostile bid, UK independent Venture Petroleum has released a valuation by Resource Investment Strategy Consultants (Risc), an independent petroleum consultancy, which says Venture shares are worth between ￡10.66p ($18.10) and ￡13.85 per share. "Even the ￡10.66 per share base case is more than 25% higher than Centrica's offer," the report said.