2 news · updated Aug 11, 2026

Ratio buys Pharos

2026-08-09

UK's Serica says $197 million bid for Pharos is final

Serica Energy confirmed its final $197 million takeover offer for Pharos Energy remains unchanged, despite competitor Ratio Petroleum submitting a higher bid that secured Pharos' board support.

reuters · 2026-08-09 23:38 UTC

2026-06-24

Israel-based Ratio Petroleum to Acquire Pharos Energy

Ratio Petroleum agreed to acquire Pharos Energy in an all-cash deal valued at £124.3 million, gaining access to production assets in Egypt and Vietnam.

reuters · 2026-06-24 01:42 UTC

Ratio buys Pharos

UK's Serica says $197 million bid for Pharos is final

Israel-based Ratio Petroleum to Acquire Pharos Energy

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