M&A
Carlyle Group acquires EnerMech
US private equity Carlyle Group has acquired Aberdeen-based EnerMech from fellow private equity player Lime Rock Partners for an undisclosed sum. The deal is expected to close in Q4 2018, subject to customary anti-trust and …read more →
Ensco and Rowan Companies agree to a merger
Ensco and Rowan Companies have announced that they have agreed to combine both companies in an all-stock transaction that values the combined company at US$12 billion. Under the terms of the deal, Rowan shareholders will …read more →
Sipchem to acquire Sahara Petchem in a $2 bln deal
Saudi International Petrochemical Company (Sipchem) has entered into a non-binding agreement with Sahara Petrochemicals to acquire the latter in a deal valued at US$2.06 billion. Sipchem will issue Sahara shareholders with 0.8356 new Sipchem shares …read more →