PTT says it received valid acceptances from 72% of Cove Energy (CNVGF.PK) shareholders, and extends its purchase offer to July 31. "If we still can't get 90% stake, then we will consider what to do next," PTT says. Royal Dutch Shell, with one eye open as it sits out the auction, says the offer for Cove has lapsed as it hasn't received the required number of acceptances.
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