<p>UK oil and gas player Serica Energy has struck a deal to acquire Pharos Energy, outbidding Ratio Petroleum Energy. The offer values Pharos’ issued and to be issued share capital at approximately £145.7m ($194m). The proposal represents a 20.7% premium to the combined cash and special dividend offered by Ratio and a 28.6% premium to &#8230;</p> </p><p><p>https://splash247.com/pharos-drops-ratio-deal-for-sericas-higher-offer/</p></p>