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Thai PTTEP Shares Slide After $3.1 Billion Stock-Offer Plan

July 23, 2012

Shares in Thailand's PTTEP fell as much as 6 percent on Monday after the country's top oil and gas producer announced a $3.1 billion capital-raising plan to fund its proposed purchase and growth of Cove Energy, in what would be the biggest ever equity sale by a Thai firm.

Source: http://www.cnbc.com/id/48281117?__source=RSS*tag*&par=RSS
 
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