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Capricorn Investor Palliser Says It Is Against Planned Merger With Newmed Energy

The Capricorn-NewMed deal would create an Israel-Egypt-focused gas producer.
The Capricorn-NewMed deal would create an Israel-Egypt-focused gas producer.
Capricorn investor Palliser Capital said on Thursday it opposed Capricorn's planned merger with Israel's NewMed Energy, echoing its criticism of a previous failed merger plan with Tullow, as undervaluing the company.
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