Mosman moves closer to acquisition of MEO Australia - Mosman Oil & - TopicsExpress

Mosman moves closer to acquisition of MEO Australia - Mosman Oil & Gas (LON:MSMN) shares advanced around 20% as the company moved closer to acquiring MEO Australia (ASX:MEO). The AIM firm’s all-paper offer, which would be a reverse takeover, had been deemed by MEO to be inferior to an earlier proposal from Neon Energy. Mosman stated from the outset that it had a strong belief that the Neon offer would not go through - as Neon had an internal dispute with its shareholde... ow.ly/2SqFma

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