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Centrica extends Venture bid.

Publication: The Oil Daily
Publication Date: 17-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Centrica extends Venture bid.(Mergers & Acquisitions)(Venture Production PLC)(Brief article)

Article Excerpt
Centrica has extended the deadline for its [pounds sterling]1.3 billion ($2.1 billion) hostile bid for UK independent Venture Production after securing only 11% more acceptances on top of its own 30% holding.

As of the Aug 13. deadline Centrica had persuaded only 10.9% of shareholders to accept the [pounds...

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