PE Buyers Helped Drive Energy Deal Making In Q3

Law360, New York (October 31, 2013, 6:40 PM EDT) -- Private equity financing ramped up in the U.S. oil and gas industry in the third quarter compared with the second, pointing to increasing confidence in the industry even as the number of transactions and value of the deals dropped, according to a report released Thursday by PriceWaterhouseCoopers LLP.

Overall, 43 oil and gas deals individually worth more than $50 million were completed in the third quarter, for a combined worth of about $16.4 billion, according to PwC. Compared with the same period last year, the industry saw...
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