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  • Gran Tierra Energy pounces on i3 Energy in £175m deal

    Energy

    Oil producer Gran Tierra Energy has announced a £175m deal to acquire its London-listed peer i3 Energy. Under the terms of the deal, which was announced in the early hours of this morning, Gran Tierra said it would offer one new Gran Tierra share for every 207 i3 Energy shares held as well as 10.43p [...]

    Oil prices have spiked as Israel and Iran ramped up tensions.

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