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Energean says asset sale to Carlyle is at ‘significant risk’

By Jon Menon ( March 17, 2025, 12:33 GMT | Insight) -- Energean, a UK gas-exploration company, said that a deal to sell as much as $945 million of assets to Carlyle Group could collapse because approvals have yet to be obtained from regulators in Italy and Egypt. Clearance is necessary by March 20 and an agreement to extend the timeframe hasn’t been reached with the US private equity acquirer.Energean, a UK gas-exploration company, said that a deal to sell assets worth as much as $945 million to Carlyle Group could collapse, because approvals haven't yet been obtained from regulators in Italy and Egypt....

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