Centrica Woos Venture's Shareholders

The ScotsmanJuly 17, 2009

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Summary


CENTRICA vowed to support Venture Production's Scottish operations, as it formally launched its GBP 1.3 billion hostile takeover bid.

The owner of British Gas posted its offer document to Venture's shareholders yesterday, saying it expected to maintain the operations of Venture, a North Sea-focused oil company.

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Centrica Woos Venture's Shareholders

"Centrica attaches great importance to the skills ...

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