Energean Ends Carlyle Acquisition Due to Regulatory Delays

Reported 2 days ago

UK gas producer Energean has announced the termination of its $945 million asset sale deal with Carlyle due to delays in securing regulatory approvals in Italy and Egypt. Despite this setback, Energean's CEO affirmed the company's commitment to growth and shareholder returns, stating that they are not seeking another buyer for the assets.

Source: YAHOO

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