03:53 PM EST - Arawak Energy Limited : agreed in mid-January to the terms of a cash offer to be made by Rosco S.A. for the entire issued and to be issued common share capital of Arawak not already held by Rosco and its affiliates at a price of $1.00 per share. The Offer was pre-conditional on Rosco obtaining, in terms reasonably satisfactory to Rosco, the consent of the Federal Anti-Monopoly Service of the Russian Federation with respect to the Offer. Arawak Energy Limited
shares T.AAK are trading up $0.01 at $0.97.