UK's Serinus Energy jumps on $6.5 million acquisition bid
ReutersMar 24, 2025 1:05 PM
Shares of Serinus Energy SENX.L rise as much as 27% to 3.3p
The oil and exploration firm agrees to be bought by New York-based broker dealer and specialist investment bank Xtellus Capital Partners in a deal valued at about 5 million pounds ($6.5 million)
The 3.40p-per-share cash offer represents a premium of 30.8% to SENX's Friday close
Stock up ~48%, including session's gains
($1 = 0.7727 pounds)
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