Cairn Energy Plc announces disposal of Capricorn Norge AS

  • Nov 27, 2019 GMT
  • Team Kalkine
  • Solveig Gas Norway AS shall acquire all outstanding share capital of Capricorn Norge AS for a consideration of $100 million
  • The effective date of the above acquisition is 1 January 2020
  • The company will utilise the proceeds to sustain its ongoing operations
  • On 27 November 2019, CNE shares were trading at GBX 179.70 at GMT 11:46 AM, down 0.50 points or 0.28% from the previous day’s closing price level.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK