UK - First Reserve secures agreement on £906m Abbot take-private
First Reserve Corporation has reached an agreement with the board of Abbot Group Plc to acquire the oil services group from the London Stock Exchange in a £906m deal. Specialist US-based energy investor First Reserve has offered 390p per share for Aberdeen-based Abbot. Candover was reported to have made a 370p per share offer for the company.
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