Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,187.50
    -1,254.27 (-2.44%)
     

  • CMC Crypto 200

    1,307.49
    -89.04 (-6.38%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Polish billionaire Kulczyk puts stake in Ophir Energy on market

Reuters - UK Focus

LONDON, April 29 (Reuters) - Poland's richest man, Jan Kulczyk, has put his 8 percent stake worth around 92 million pounds ($142 million) in oil company Ophir Energy (Other OTC: OPGYF - news) on the market, bookrunner JP Morgan Securities said in a statement.

Kulczyk Entities, Ophir's second-largest shareholder, has placed its 56,607,366 shares in the energy company with immediate effect.

Ophir recently completed the takeover of rival Salamander Energy, expanding its presence in the growing southeast Asian market and returned to profit in 2014.

Investor Jan Kulczyk holds stakes in other oil and gas, as well as mining and real estate companies and last year created Poland's largest private utility after merging assets under his control.

($1 = 0.6470 pounds)

(Reporting by Karolin Schaps; Editing by Elaine Hardcastle)