Australia's Far gets $159m buyout offer from Remus Horizons

Australia's Far gets $159m buyout offer from Remus Horizons

Photo by khunaspix. Image ID: 100301036 (freedigitalphotos.net)

Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.