.
MergerLinks Header Logo

New Deal


Announced

Riverstone Holdings and Vista Oil & Gas to invest $205m in Aleph Midstream.

Financials

Edit Data
Transaction Value£155m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Argentina

Friendly

Private Equity

oil and gas company

Acquisition

Pending

Integrated Oil and Gas

Single Bidder

Private

Majority

Synopsis

Edit

Private equity firm Riverstone Holdings and Vista Oil & Gas, a Mexico-based company engaged in the energy sector, agreed to invest $205m in Aleph Midstream, an independent Argentine oil and gas gathering and processing-focused midstream company. "The growth of production of oil and gas from the Vaca Muerta shale formation in Argentina has created a need for gathering, processing and evacuation midstream investments, as well as potential needs for oil and gas storage, condensates handling and additional oil and gas trunk pipeline capacity. By providing midstream services, Aleph Midstream could allow upstream players to focus on their core E&P activities," Vista Oil & Gas.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US