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UBS and Merrill in favour of AGIP offer for Lasmo

UBS Asset Management and Merrill Lynch Asset Management have joined forces with other Lasmo shareholders to voice their support for AGIP Investments' 200p per share cash offer for the UK oil and gas firm. were among Lasmo shareholders who on Thursday said they would support AGIP Investments' 200p per share cash offer for Lasmo.

This is not the first recommended offer for Lasmo this year. In November, Goldman Sachs made a recommended 180p cash and shares offer on behalf of US oil and gas group Amerada Hess for UK rival Lasmo.

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