Argus Media acquires Hg’s stake in strategic deal
LONDON, UK: Argus Media, the global leader in energy and commodity intelligence, has announced a strategic deal to buy out Hg’s stake in the company. Hg, the manager of HgCapital Trust plc, had invested in Argus in 2016 and will now exit with a 7% uplift over its carrying value. The deal will make Argus’…