Afren shares jump 11% on preliminary offer from Nigeria's Seplat

Oil producer Afren Plc said it had received a preliminary offer for the company from Nigerian oil and gas explorer Seplat Petroleum Development Co Plc.

Afren said Seplat has until Jan. 19 to make a firm offer.

Afren’s shares rose 10.5 percent to 50.82 pence on Monday morning on the London Stock Exchange.

Read more: Afren gets preliminary offer from Nigeria's Seplat – Yahoo News.

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