Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,647.64
    +1,405.30 (+2.85%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

Exclusive-North Sea oil and gas producer Harbour in merger talks with Talos -sources

Ron Bousso and David French
·1-min read

By Ron Bousso and David French

LONDON (Reuters) - Harbour Energy Plc, Britain's largest North Sea oil and gas producer, is in talks to merge with U.S. listed peer Talos Energy Inc, four people familiar with the matter said on Tuesday.

Harbour which has a market value of 2 billion pounds ($2.5 billion) and Talos, valued at $1.7 billion, have held on and off talks about a combination for at least six months, but negotiations rekindled in recent weeks, the sources said.

If there is a deal, it could involve the combined company listing in New York, the sources added.

The sources, who spoke on condition of anonymity to discuss private deliberations, cautioned there was no certainty a deal would be reached. Details of the deal terms under discussion could not be learned.

(Reporting by Ron Bousso and David French; Editing by Greg Roumeliotis and David Gregorio)