Carlyle's Mediterranean Deal Is in Jeopardy ...Middle East

Economy by : (OILPRICE) -
The highly anticipated $945 million acquisition deal between Carlyle and Energean is reportedly facing serious obstacles. According to statements from Energean and industry insiders, Carlyle’s offer is encountering unresolved regulatory hurdles in Egypt and Italy. Energean has confirmed that specific approvals in these countries are still pending. The situation jeopardizes the entire deal, as the deadline for its completion is this week, and no extension has been agreed upon so far. In June 2024, Carlyle reached an agreement with Energean…

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