Shares in Tullow climb 11% today

Shares in oil and gas exploration group Tullow Oil today climbed more than 11% after it unveiled plans to buy a bigger South African-based counterpart.

Shares in Tullow climb 11% today

Shares in oil and gas exploration group Tullow Oil today climbed more than 11% after it unveiled plans to buy a bigger South African-based counterpart.

Stock in London-based Tullow jumped 9.75p to 96.25p after it announced the proposed acquisition of Energy Africa for $570m (€472m).

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