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Carlyle takes stake in Spanish oil and gas firm Cepsa

Oct 15, 2019 - peHUB
Board and Executive Moves-Mergers and Acquisitions

The Carlyle Group has acquired a 37 percent stake in Cepsa, a Spanish oil and gas company. No financial terms were disclosed. Mubadala Investment Company, an Abu Dhabi state investor, will remain the majority shareholder in Cepsa.

PRESS RELEASE

15 October 2019 – Abu Dhabi, United Arab Emirates: Mubadala Investment Company, the Abu Dhabi-based sovereign investor, and global investment firm The Carlyle Group (NASDAQ: CG) have today reached completion of the transaction announced on 8...