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New Deal


Announced

Maurel & Prom failed to acquire Assala Energy from Carlyle for $1.3bn.

Financials

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Transaction Value£1,048m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Integrated Oil and Gas

Cross Border

Majority

Single Bidder

United Kingdom

oil exploration

Acquisition

Private

Private Equity

Friendly

Failed

Synopsis

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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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