Showing posts with label Onshore Concessions. Show all posts
Showing posts with label Onshore Concessions. Show all posts

Friday, April 20, 2018

Yorktown selling Egypt oil business Merlon -sources - REUTERS



APRIL 20, 2018 / 3:09 PM
Ron Bousso

  • Private equity firm hopes to raise up to $400mln
  • Citigroup running process, bids expected by July

LONDON, April 20 (Reuters) - Private equity firm Yorktown Partners is selling its Egyptian-focused oil and gas company Merlon International, hoping to raise up to $400 million, two banking sources told Reuters.