Oil producer Afren Plc said it had ended talks with Nigeria’s Seplat Petroleum Development Co Plc over a potential sale of the company.
Read also: Global Oil Layoffs Exceed 100,000
Afren said it would not agree to Seplat’s request to extend from Friday the deadline to make a firm offer for the company.
Afren is still in talks with creditors for its immediate funding needs, it said.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
