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The latest announcement is out from Challenger Energy Group ( (GB:CEG) ).
Challenger Energy Group PLC has announced that the acquisition by Sintana Energy Inc. through a Court-sanctioned scheme of arrangement has been approved by the requisite majority of shareholders. This acquisition will lead to the delisting of Challenger’s shares from AIM and their re-registration as a private limited company, while Sintana plans to list its shares on AIM, enhancing its market presence.
The most recent analyst rating on (GB:CEG) stock is a Buy with a £0.50 price target. To see the full list of analyst forecasts on Challenger Energy Group stock, see the GB:CEG Stock Forecast page.
More about Challenger Energy Group
Average Trading Volume: 543,072
Technical Sentiment Signal: Buy
Current Market Cap: £28.05M
Find detailed analytics on CEG stock on TipRanks’ Stock Analysis page.