Ithaca Energy has announced that Delek Group - through its affiliate DKL Investments Ltd - intended to carry out a compulsory acquisition of all the shares in the company it did not already own at C$1.95 each. Ithaca also said it intended to seek cancellation of its trading on AIM and voluntarily delist from TSX following completion of the compulsory acquisition. At 9:12am: (LON:IAE) Ithaca Energy Inc share price was +19.38p at 107.88p
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