Deal facts
- Buyer
- Capricorn Energy
- Target
- Deltic Energy
- Deal value
- Not disclosed
- Announced
- 19 May 2026
- Status
- Firm intention
- Sector
- Energy
- Country
- United Kingdom
- Consideration
- Not stated
Sources
Capricorn Energy has agreed to acquire Deltic Energy in a transaction within the Energy sector. Both entities are based in the United Kingdom, with the deal announced on 19 May 2026. The specific financial terms and consideration structure were not disclosed to the public, and the final valuation remains unknown.
The transaction has subsequently been abandoned, meaning the acquisition did not proceed to completion. No regulatory approvals were sought or granted as the parties withdrew from the agreement. The deal status is now closed without any change in ownership or operational integration. This outcome leaves both companies operating independently following the failed negotiations. The transaction is subject to no further regulatory approval as it has been terminated.
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1 update- Firm intention
No intention to make an offer for Deltic Energy
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") FOR IMMEDIATE RELEASE 19 May 2026 Capricorn Energy PLC ("Capricorn Energ
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Buyer history
Capricorn Energy
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