David French
Mergers and Acquisitions Reporter at Reuters
Covers energy and financial services M&A for Reuters in NYC, posts occasional Arsenal musings. All views are my own, etc
Articles
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1 month ago |
businesslive.co.za | Federico Maccioni |David French |Yousef Saba
Dubai/New York — Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices. Aramco is the world’s largest oil-producing company and the main source of Saudi state revenue. The firm will slash dividend payouts by nearly a third this year as lower oil prices hit its income.
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1 month ago |
reuters.com | Federico Maccioni |David French |Yousef Saba
Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo DUBAI/NEW YORK, May 23 (Reuters) - Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices(2223.SE), opens new tab is the world's largest oil-producing company and the main source of Saudi state revenue.
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2 months ago |
wixx.com | David French |Milana Vinn
By David French and Milana VinnNEW YORK (Reuters) – Private equity firm GTCR is poised to garner a return of about two times its investment in Worldpay, after the sale of its 55% stake in the payments processor to Global Payments, people familiar with the matter said on Thursday.
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2 months ago |
reuters.com | David French
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
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2 months ago |
reuters.com | David French
The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration.
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Blackstone is in talks to buy stakes in EQT Corp’s interstate pipelines, with the deal expected to be worth around $3.5 billion, source tell me. The full story here: https://t.co/5JGD7548aS $EQT $BX #natgas #pipelines
Buyout firm EIG has placed oil and gas producer Maverick Natural Resources for sale. A deal for the firm, which mainly operates in the Anadarko basin and the Permian’s Northwest Shelf, may fetch $3 bln including debt, sources tell @shariqrtrs and me: https://t.co/holvP3UggF #OOTT
RT @shariqrtrs: Nothing like a Sunday afternoon scoop: Vital Energy is nearing a deal to buy PE-backed Point Energy Partners for $1.1 billi…