Newsletter subscribe
Tag: Merger
Wintershall Dea

Wintershall Dea seeks European IPO in second half of 2020

Posted: June 12, 2019 at 1:09 pm   /   Oil & Gas

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020. Sources said in April that Wintershall DEA had picked the banks to arrange […]

No Comments read more
TGS

TGS and Spectrum execute merger agreement and plan

Posted: May 21, 2019 at 4:53 pm   /   Oil & Gas

With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company and Spectrum have announced that their respective board of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced. The merger plan is now to be submitted to and registered by the Norwegian […]

1 Comment read more
190502-WD-COM-Merger

Wintershall Dea: A New European Oil and Gas Champion

Posted: May 2, 2019 at 9:18 am   /   Oil & Gas

Wintershall and DEA Deutsche Erdoel AG join forces to become Europe’s leading independent gas and oil company. Global portfolio with strong growth prospects. Initial public offering (IPO) envisaged for 2nd half of 2020. Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA) have completed their merger. Wintershall Dea is now the leading independent gas […]

No Comments read more
Topbild-WH-DEA

BASF and LetterOne complete merger of Wintershall and DEA

Posted: May 1, 2019 at 1:21 pm   /   Oil & Gas

Creation of the largest independent oil and gas company in Europe. On track to reach production target of 750,000 to 800,000 barrels of oil equivalent per day between 2021– 2023, equivalent to an annual production growth rate of 6-8% Synergies of at least €200 million per year. Initial Public Offering envisaged for 2nd half of […]

No Comments read more