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Harbour Energy plc (PMOIF)

Other OTC - Other OTC Delayed price. Currency in USD
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3.85000.0000 (0.00%)
At close: 09:38AM EDT
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    Wintershall Dea management board to step down after Harbour Energy deal closed

    Wintershall Dea said on Wednesday that the current management board will step down after the transfer of its non-Russian oil and gas assets to Britain's Harbour Energy. CEO Mario Mehren, COO Dawn Summers and CFO Paul Smith will remain members of the management board until the transaction closes and will then resign from their mandates, it said. Stefan Schnell, currently senior vice president of Group Reporting & Performance Management at BASF, will be proposed as chairperson (CEO) of Wintershall Dea as of the closing of the transaction, expected in the fourth quarter.