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Carlyle: £743m Acquisition of Oil Giant Energean’s Assets Explained

Carlyle has announced its acquisition of exploration and production assets in the Mediterranean from Energean for £743 million ($945 million).

David Rubenstein, Co-CEO of Carlyle, (Left), and William Conway, Co-Founder of Carlyle. PHOTO: Getty
David Rubenstein, Co-CEO of Carlyle, (Left), and William Conway, Co-Founder of Carlyle. PHOTO: Getty

This strategic move will significantly enhance Carlyle’s portfolio with gas-focused assets in Italy, Egypt, and Croatia. Energean’s CEO, Mathios Rigas, expressed confidence in Carlyle’s ability

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