The PE energy game: Carlyle Group purchases a stake in Spanish oil giant Cepsa

The Carlyle Group (NASDAQ:CG) – market cap as of 08/04/2019: USD 6.34bn Introduction On April 8, 2019, the US PE giant Carlyle announced its decision to acquire up to 40% of the capital of the Spanish multinational Cepsa from the sovereign fund of the United Arab Emirates Mubadala for up to $4.8 bn. The transaction […]

The Evolution of China’s Energy Landscape: BP’s $1.68bn Divestment from SECCO to Sinopec

BP P.L.C. (BP:LSE) – market cap as of 05/05/2017: £88.41bn ($114.33bn) China Petroleum & Chemical Corp (0386:SEHK) – market cap as of 05/05/2017: HK$762.30bn ($97.93bn) Introduction On April 27, 2017, it was announced that BP had agreed to sell its 50% stake in the Chinese SECCO Petrochemical Company Limited (SECCO) to Gaoqiao Petrochemical Co Ltd, […]