Tuesday, 29 May 2018

How the world’s biggest private equity oil and gas industry bid collapsed

How the world’s biggest private equity oil and gas industry bid collapsed

29 May 2018, Melbourne — Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week. Harbour Energy left Australia empty-handed after a year of chasing gas producer Santos Ltd (STO.AX), missing out on Santos’ stakes in …

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