Monday, August 10, 2015 9:50:29 AM
Shares in Afren, the embattled Africa-focused oil and gas explorer, have been delisted from the London Stock Exchange, ending a desperate battle for survival by the scandal-hit company. Afren (AFRNY) began insolvency proceedings last month following a collapse in oil prices, corporate governance abuses and a mountain of debt. The company's final demise occurred after it failed to secure a refinancing agreement with lenders.
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