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Commodities Briefing - Categorized | M&A, Oil more

Global Oil and Gas Sector M&A Activity Remains Sluggish

Posted on 19 May 2015

Various factors ranging from the lack of availability of quality assets to sellers holding out for better prices are coming together to paint a mixed mergers and acquisitions (M&A) picture in the oil and gas sector, according to industry experts.
Despite an appetite being there, the market is not quite firing up as some were hoping. Speaking at Baker & McKenzie’s Oil & Gas Institute in Houston, USA on Monday, Stephen Trauber, Global Head of Energy at Citigroup’s corporate and investment banking division, said, “When commodities prices started falling around the second quarter of 2014, M&A enthusiasts put their pencils down………………………………………..Full Article: Source


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