Emirates National Oil Company is to launch the compulsory acquisition of Dragon Oil shares following the closing of the recommended cash offer on 14 September. ENOC has received valid acceptances relating to 207,023,926 Dragon Oil shares - 41.9% of the current issued share capital and 90.1% of Dragon Oil shares to which the offer relates. As a result, ENOC has received sufficient acceptances of the offer to compulsorily acquire any Dragon Oil Shares in respect of which the offer has not been accepted
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