Acquiring Company
DNO ASA
Acquired Company
Genel Energy PLC
Norway
LondonEnergyOil And GasEnergyOil And GasBiomass EnergyDescription
DNO ASA has approached the Genel Energy PLC board with a possible offer to acquire the company. This announcement comes as Genel has resumed production at its fields in the Kurdistan region of Iraq. DNO's Executive Chair called the offer compelling for Genel shareholders, suggesting that it would provide immediate premium and future opportunities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Genel Energy PLC?
Genel Energy PLC was acquired by DNO ASA, based in Norway. The deal was reported on August 13, 2026. DNO ASA is an oil and gas company focused on exploration and production. It is actively involved in several oil fields, particularly in the North Sea. DNO ASA is privately held and operates in Energy.
When did DNO ASA acquire Genel Energy PLC?
DNO ASA's acquisition of Genel Energy PLC was reported on August 13, 2026. DNO ASA has approached the Genel Energy PLC board with a possible offer to acquire the company. This announcement comes as Genel has resumed production at its fields in the Kurdistan region of Iraq. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Genel Energy PLC do?
Genel Energy PLC is an independent oil and gas exploration and production company with a focus on the Kurdistan region of Iraq. The company is dedicated to delivering sustainable production and maximizing shareholder returns. It is privately held, operating in Energy, and is based in London.