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Watching Burford Capital; Traders Circulate Jefferies Note Saying 'Sundance Resources Has Announced A Conditional Settlement With The Republic Of Congo. The Settlement Would Bring To An End A Dispute Before The ICA, Expected To Be Final By The End Of Q3; Terms Are Confidential, But We Believe The Original Claim To Be For Over $8.5B. Burford Has Been Funding The Arbitration Process And This Would Likely Lead To A Realized Gain On Its Investment'

Author: Benzinga Newsdesk | July 02, 2024 03:45pm

Posted In: BUR