Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Equinor acquires 22.5 pct of an oil field in the Gulf of Mexico
May 14, 2019

Equinor has exercised its preferential rights to acquire 22.45 pct. of Caesar Tonga oil field from Shell for a total consideration of USD 965m in cash. Equinor now controls 46 pct of the oil field which makes them majority shareholder. No financial of the deal has been disclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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