Gabon completes acquisition of Carlyle’s Assala Energy

Industry:    6 months ago

Carlyle Group said on Friday that it had completed the sale of its oil and gas company Assala Energy to Gabon’s national oil company.

Gabon Oil Company (GOC) agreed to acquire Assala Energy in February after it used its right to preempt the sale of the business for $1.3 billion to France’s Maurel & Prom.

Carlyle did not provide details on the terms of the sale to GOC.

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