Reported 26 days ago
Carlyle Group has sold its majority interest in Mazarine Energy, a Tunisia-focused oil and gas producer, to CEO Edward van Kersbergen. This transaction follows Carlyle's earlier investments in the company after the 2014 oil price crash. Mazarine, which operates in Tunisia and Romania, aims to continue its expansion in Europe and Africa, although specific deal terms have not been disclosed.
Source: YAHOO