
Quantum Capital Strikes $1.8 Billion Deal for Caerus Oil Amid Ongoing M&A Wave #oott
Quantum Capital has struck a $1.8 billion deal to acquire Caerus Oil, marking another significant transaction in the ongoing wave of oil and gas mergers and acquisitions. This deal is part of a broader trend, as U.S. oil and gas companies face the challenge of selling approximately $27 billion in assets to fund investor payouts over the next few years. The largest wave of energy megamergers in 25 years is nearing its end, leading to a surge in asset sales, including oil and gas wells, pipelines, and other infrastructure. However, finding new owners for these assets is expected to be a complex and lengthy process.
Sources
- Energy Headline News
The biggest wave of energy mergers in 25 yrs is set to unleash a burst of asset sales, from oil & gas wells to pipelines & other infrastructure. But finding new owners for these assets won't be quick or easy. - Reuters
- Giovanni Staunovo🛢
A mountain of asset sales loom after oil megamerger era #oott https://t.co/IQVggTiLzR
- PiQ
🔵 ANALYSIS-A MOUNTAIN OF ASSET SALES LOOM AFTER OIL MEGAMERGER ERA U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end…
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