#WATCH #GE16 Niall Collins tops Limerick county poll crediting party’s ‘hard…

first_imgFacebook Niall Collins Linkedin TAGSfeaturedLimerick General Electionniall collins Minister Collins welcomes €418,662 in Limerick outdoor funding Taiwanese Community Donate PPE to Rathfredagh Cheshire Home RELATED ARTICLESMORE FROM AUTHOR WhatsApp Walk in Covid testing available in Limerick from Saturday 10th April Advertisement Print Previous articleShannon aviation gatheringNext article#GE16 first count results from Limerick constituencies Staff Reporterhttp://www.limerickpost.ie Twitter Collins confirms €390k from third tranche of COVID-19 Stability Funding Andrew [email protected] at the Limerick count centre at the University of Limerick Sports Arean, Fianna Fail General Election candidate and Limerick County constituency poll topper Niall Collins has said that that the “hard work” done between elections has paid off for his party who have almost doubled their candidate return in Friday’s election.With all boxes opened and tallied in the county constituency, Collins returned with 12,085 first preference votes  with the likely quota set at 10,977.Sign up for the weekly Limerick Post newsletter Sign Up 65 per cent of the electorate turned out for Friday’s election and gave the outgoing TD 28 per cent of the vote.Fine Gael candidates Patrick O’Donovan, a sitting TD in the constituency and his party stablemate and local councillor Tom Neville have taken a combined 37 per cent of the first preference votes.Deputy O’Donovan has so far returned almost 8,500 first preference votes while Cllr Neville, son of outgoing TD Dan Neville, is sitting in third place with just under 8,000.In a constituency where transfers are still likely to decide the final order, Independent candidate Emmett O’Brien is still not out of the running despite a tallied first preference gap of in the region of 2,500 votes. NewsBreaking news#WATCH #GE16 Niall Collins tops Limerick county poll crediting party’s ‘hard work’By Staff Reporter – February 27, 2016 713 Email Collins welcomes his appointment as Minister of State No vaccines in Limerick yet last_img read more

Remus launches $159m off-market takeover offer for FAR

first_img Remus Horizons is offering $0.016 per share in cash for FAR’s shareholders. (Credit: aymane jdidi from Pixabay) Remus Horizons PCC has launched an off-market takeover offer of AUD209.6m ($159.15m) for Australian oil and gas company FAR, which operates in West Africa, East Africa, and Australia.The private investment fund, which is incorporated in Guernsey, is offering AUD0.021 ($0.016) per share in cash in this connection to FAR’s shareholders.FAR said that the proposed takeover is contingent on its shareholders voting against the sale of the company’s 15% stake in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore project (RSSD project).The takeover by Remus Horizons is also conditional on FAR’s board of directors confirming that the company has no intention to sell the stake prior to the closing of the offer.According to Remus Horizons, its offer gives a clear alternative for the oil and gas firm’s shareholders to the proposed sale of FAR’s stake in the RSSD Project to Woodside.Previously, FAR was to sell its stake in the $4.2bn offshore Senegalese project to ONGC Videsh Vankorneft, which was pre-empted by Woodside.FAR’s shareholders were due to take a call on the stake sale in the RSSD Project on Wednesday. But the meeting was adjourned to 28 April to give shareholders time to study the takeover proposal from Remus Horizons.The private investment fund said that its offer gives FAR’s shareholders a route through which they can exit their investment for cash at a price which has superior value than continuing as a shareholder.Besides, the offer is attractive when considered in the context of the considerable risks and uncertainties of continuing as a shareholder, said Remus Horizons.The private investment fund said that it has allocated up to $250m for the acquisition of FAR, out of its current funding capacity totalling $400m.Earlier this year, Lukoil proposed to acquire FAR for AUD0.022 ($0.017) per share or AUD220m ($170m) in cash. However, the Russian energy company pulled out from the offer recently. The private investment fund is offering $0.016 per share in cash for the Australian’s firm’s shareholderslast_img read more