Announced
Financials
Sources
Tags
Integrated Oil and Gas
Cross Border
Majority
Single Bidder
United Kingdom
oil exploration
Acquisition
Private
Private Equity
Friendly
Failed
Synopsis
Maurel & Prom, an oil company specialising in the production of hydrocarbons, failed to acquire Assala Energy, an upstream oil exploration and production company operating in Gabon, from Carlyle, a private equity firm, for $1.3bn. State-owned Gabon Oil Company announced it would use its pre-emption rights to acquire Assala itself.
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