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UK’s Energean terminates Carlyle deal

By Thomson Reuters Mar 21, 2025 | 2:10 AM

(Reuters) – UK-based Energean said on Friday it was terminating its deal with private equity fund Carlyle for some of the gas producer’s assets due to pending regulatory approvals in Italy and Egypt.

The company added that the two parties were unable to agree on an extension of the longstop date beyond March 20.

(Reporting by Anandita Mehrotra in Bengaluru; Editing by Eileen Soreng)