CEPSA takes over Coastal Energy Co. For CAD2.3 billion

Spanish multinational oil firm CEPSA bought Canadian Coastal Energy Co. for CAD2.3 billion (USD2.21 million) including debt. CEPSA will pay CAD19 per Coastal Energy share in cash.

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Advent to buy USD1.1 billion stake in Ocensa oil pipeline

US-based global private equity firm Advent International signed an agreement to purchase a USD1.1 billion minority stake in Ocensa, Colombia's biggest oil pipeline in terms of capacity.

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