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Gabon , Thursday 15 October 2026

Gabon to buy Carlyle's oil business, preempting $1.3 billion sale

Published on: Thursday 15 February 2024

Gabon to buy Carlyle's oil business, preempting $1.3 billion sale LONDON (Reuters) -Gabon's national oil company has agreed to acquire Carlyle's Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France's Maurel & Prom, the firms said on Friday. Maurel & Prom had agreed in August to acquire Assala Energy for $730 million, a deal which also included rolling over a $600 million credit facility. But following a military coup in the west African country in late August, the Gabonese national oil firm sought to exercise its preemptive right on the acquisition in November.


News source: https://finance.yahoo.com/news/gabon-buy-carlyles-oil-business-093021603.html

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