Corporate Finance: EnCore Oil to be sold to Premier Oil

Corporate Finance: EnCore Oil to be sold to Premier Oil

Corporate finance news publications were recently abuzz with reports of EnCore Oil, a North Sea oil exploration company, being acquired by Premier Oil for £221 million. The EnCore board had put forth a recommendation of 70p per share, giving shareholders a chance to accept either hard cash or new stocks in Premier. Shares in EnCore [...]

Corporate travel firm cheerful for New Zealand expansion

Corporate travel firm cheerful for New Zealand expansion

Australian firm Corporate Travel Management is seeing opportunities to grow even the global financial crisis hit the corporate travel market hard. The privately owned Brisbane Company bought Auckland business Cavalier Travel Services in August. The general manager for New Zealand John Lewis, said Cavalier was the company’s first international acquisition and it was raising funds [...]