Magic Circle Firms Lead On $3.6BN US-Emirati Oil and Gas Deal
US private equity firm the Carlyle Group will take a 30-40 percent stake in Europe's largest privately owned oil and gas company.
April 09, 2019 at 09:31 AM
2 minute read
Linklaters and Allen & Overy have taken lead roles on a $3.6 billion deal between U.S. private equity giant the Carlyle Group and UAE sovereign wealth fund Mubadala.
Carlyle will purchase between a 30 and 40 percent stake in Madrid-based CEPSA, Europe's largest privately-owned oil and gas company, from the $225 billion Emirati wealth fund.
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