Roc nod for $474M all-cash takeover

THE board of Roc Oil has unanimously recommended and accepted the $474 million all-cash takeover offer for the company by Chinese conglomerate Fosun.

Roc nod for $474M all-cash takeover Roc nod for $474M all-cash takeover Roc nod for $474M all-cash takeover Roc nod for $474M all-cash takeover Roc nod for $474M all-cash takeover

The offer for 69c per Roc share represents the privately owned investment company's attempted entry into the oil and gas space.

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