Blockbuster Start for North Sea Mergers
Blockbuster Start for North Sea Mergers
PGNiG’s acquisition of Ineos’ Norwegian oil business continues what has been a blockbuster start to the year for North Sea mergers and acquisitions (M&A), according to Neivan Boroujerdi, a principal analyst at Wood Mackenzie.
“Less than three months in 2021 and value traded across UK, Norway, and Denmark has already reached $3.5 billion, nearly matching last year’s $4 billion total,” Boroujerdi said in a st...