Diversified Energy said Thursday that it has agreed to acquire oil exploration business Birch Resources from affiliates of activist hedge fund Elliott Investment Management LP for approximately $1.8 billion as part of the petroleum company's expansion into West Texas.
Diversified Energy said Thursday that it has agreed to acquire oil exploration business Birch Resources from affiliates of activist hedge fund Elliott Investment Management LP for approximately $1.8 billion as part of the petroleum company's expansion into West Texas.
Glenstone said Thursday that shareholders representing more than 44% of Alternative Income's share capital have backed its acquisition, after the Takeover Panel criticized Alternative Income for making an "unacceptable statement."
Investment manager CVC revealed on Thursday the final close of its sixth global secondary private equity fund, saying it has secured capital commitments of $10 billion.
Jet2 PLC said Thursday that it intends to move its listing from AIM to the main market of the London Stock Exchange as the leisure travel group reported a rise in bookings during its peak summer period.
Insurer Canada Life has taken on £400 million ($540 million) of retirement scheme liabilities from a plan sponsored by U.K. food manufacturer Samworth Brothers, in a deal guided by four firms.
