-+ 0.00%
-+ 0.00%
-+ 0.00%

Greenland Energy Gets Seven-day Extension for 80 Mile Takeover Offer Deadline

MT Newswires·11/10/2026 04:57:16
Listen to the news
04:57 AM EST, 11/10/2026 (MT Newswires) -- Exploration and Development company 80 Mile (80M.L) said Tuesday that Greenland Energy received a seven-day extension to its deadline to announce a firm intention to make an offer for the company. The UK Takeover Panel extended the put-up-or-shut-up deadline to Nov. 17 from Nov. 10, following a request from 80 Mile to allow Greenland Energy more time to finalize transaction documentation. The due diligence remains ongoing and definitive transaction documents have yet to be signed. 80 Mile cautioned that there can be no certainty that a firm offer will be made.