EnergyReader · 2026-08-07 11:31

Ratio Returns for Pharos With Counter-Bid Above Serica's Agreed £146m

By EnergyReader Newsroom · August 7, 2026

Rival suitor Ratio has submitted an offer for Pharos Energy that tops Serica Energy's agreed £146m bid by 0.5%, reopening a competition the North Sea producer appeared to have settled when it bested Ratio's original proposal by 20 per cent.

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