Tullow Oil shares sink as US rival Kosmos Energy abandons takeover
By MIKE SHEEN Updated: 12:11 GMT, 17 December 2024 Tullow Oil shares plunged on Tuesday after Kosmos Energy abandoned the takeover pursuit of its London-listed rival. The two firms confirmed preliminary talks over an all-share takeover last week in the wake of media speculation, but Kosmos has now said it does not intend to make…