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Court sanctions Capricorn Energy-Nautical scheme of arrangement
Friday, 3rd August 2012
The scheme of arrangement for Cairn Energy subsidiary Capricorn Energy's takeover of Nautical Petroleum has been sanctioned by the High Court.For the scheme to become effective, the court must confirm the capital reduction at a hearing, which will take place on 7 August.
At 4:19pm: (LON:CNE) Cairn Energy share price was +3.7p at 301.3p
Story provided by StockMarketWire.com
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