UK gas producer Energean terminates Carlyle deal over approval delays

From Yahoo Finance: 2025-03-21 03:10:00

UK-based gas producer Energean terminates a $945 million deal with Carlyle for asset sale in Italy and Egypt due to regulatory approval delays. Energean CEO Mathios Rigas reaffirms commitment to growth. Carlyle unable to meet conditions before March 20 deadline. Energean reports rise in profit, but flags $241 million asset impairment charges. No new buyer sought.

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