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Lundins OK Wintershall’s Revus takeover


Published Dec 3, 2008
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Lundin Petroleum awarded seven new licences in Norwegian Licensing Round-Spotlight

The last holdout shareholders in Wintershall’s voluntary offer to take over Stavanger-based oil-company dynamo Revus has said it intends to accept the German company’s offer.

The Lundin family of Sweden said Lundin Petroleum’s holdings in Revus, some 9.2 percent of company equity, would be available to Winterhsall by Dec. 5, the deadline for those accepting a 110-kroner-a-share offer from the Kassel-, Germany based companyn.

Tags: Lundin Petroleum, Revus Energy, Wintershall



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