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Tuesday 29 May 2018

How the world’s biggest private equity oil and gas industry bid collapsed

How the world’s biggest private equity oil and gas industry bid collapsed

29 May 2018, Melbourne — Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week. Harbour Energy left Australia empty-handed after a year of chasing gas producer Santos Ltd (STO.AX), missing out on Santos’ stakes in …

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