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Oil group JKX hits out at Russian investor Proxima Capital

on Mon Jan 04, 2016 2:17 pm
JKX, the London-listed oil and gas producer, has attacked its second-largest shareholder, accusing it of trying to take over the company by the back door.

JKX, which drills for oil and gas in Ukraine and Russia, accused Proxima Capital Group of seeking to buy the company without paying a premium after the Russian fund called for the removal of all the company’s directors................

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