Aim Bulletin

Pharos Energy slumps as Serica says it won't increase takeover offer

By Michele Maatouk

Date: Monday 10 Aug 2026

(Sharecast News) - Shares of Pharos Energy slumped on Monday after Serica Energy said it won't be lifting its takeover proposal for the oil and gas company.
Serica said it would not be increasing the £145.7m bid proposal announced on 26 July, after Israel's Ratio Petroleum Energy outbid it with a...

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