LONDON, UK: Tullow Oil plc has announced that its subsidiary, Tullow Oil Gabon S.A., has signed an asset swap agreement with Perenco Oil and Gas Gabon S.A. The deal is intended to optimise Tullow’s equity ownership across key fields in…
LONDON, UK: HICL Infrastructure Company Limited (HICL) has agreed to dispose of 30% of its equity interests in the US Northwest Parkway toll-road project (NWP) for a consideration of approximately USD 86 million. The proceeds from the sale are higher…
LONDON, UK: HICL Infrastructure Plc has entered into an agreement to acquire a minority equity position in Altitude’s fibre-to-the-home platform (Altitude Infra), investing alongside other InfraRed-managed funds and co-investors which, together with HICL, will own 15.1% of Altitude Infra. Altitude…
SYDNEY, AUSTRALIA: Carnarvon Energy has entered into a binding agreement to divest a 10% interest in its Bedout assets to OPIC Australia Pty Limited, a wholly owned subsidiary of CPC Corporation, Taiwan (CPC), Taiwan’s national oil and gas company. Under…
DUBAI, UAE: Al Mal Capital has sold its 42% interest in Poinsettia Plaza in Ventura California, US in a US$ 66.0 million deal. Acquired in 2016 in partnership with IRA Capital of Irvine California, Poinsettia Plaza is a multi-tenant shopping…
LONDON, UK: Thungela Resources has entered into agreements with Audley Energy Limited and Mayfair Corporations Group in terms of which inter alia Thungela Resources Australia will acquire a majority shareholding interest in Sungela Holdings (a newly incorporated private company with…
LONDON, UK: JLEN, the listed environmental infrastructure fund, has acquired 33% equity stake in Foresight Hydrogen Holdco GmbH (FHHG). Foresight Hydrogen Holdco GmbH (FHHG) holds a 75% stake in HH2E Werk Thierbach GmbH, a Special Purpose Vehicle which owns the…
SINGAPORE: Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia) Limited, an affiliate of PT Medco Energi Internasional Tbk, to acquire S.E. Asia’s interest in three legal entities, which collectively own a 9.52% non-operated interest…
LONDON, UK: Vista Equity Partners has entered into a definitive agreement to acquire Duck Creek Technologies, a software provider to property and casualty insurers, for $19 per share in an all-cash transaction. Vista Equity Partners is an American investment firm…
LONDON, UK: Eurowag has entered into an agreement to acquire the remaining 30% equity interest in Sygic a. s. for a total consideration of €14.4 million, payable in April 2024. In April 2019, Eurowag acquired a 70% equity interest in…
LONDON, UK: The Renewables Infrastructure Group Limited (TRIG) has exchanged contracts to acquire a further 11% equity interest in the Merkur offshore wind farm, which is located in the German North Sea. This incremental investment is approximately 2% of TRIG’s…
SYDNEY, AUSTRALIA: Woolworths Group has entered into an agreement to acquire a 55% equity interest in Petspiration Group, a leading Australian and New Zealand speciality pet food, accessories and services retailer for a cash consideration of $586 million. Petspiration is…