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Eland shareholders approve £382m takeover by Seplat

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two meetings of shareholders on Wednesday 20 November, resolutions in favour of the proposed takeover of Nigeria-focused Eland were approved by 99.9 per cent…

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