Equities
Rockhopper Bags Falkland Islands Approval for Italian Assets Sale
Rockhopper Exploration (RKH.L) secured the Falkland Islands government's approval for the proposed sale of its Italian assets to Zodiac Energy.However, the approval from the Italian regulator remains outstanding, according to a Tuesday filing. Rockhopper signed the share purchase agreement with Zodiac Energy in 2024 as part of its planned exit from Italy.While the agreement remains effective, the extended long stop date of Tuesday has been reached, giving either party the option to withdraw from the transaction. Both companies are working to satisfy the Italian regulator's requirements.
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