BP and ADNOC offer nearly $4 billion to buy 50% of NewMed Energy
Israeli gas group NewMed Energy has received an offer to buy 50% of its capital for about $4 billion. This proposal comes from a consortium formed by BP and ADNOC, British and Emirati energy giants.
| Countries | Émirats Arabes Unis, Israël |
|---|---|
| Companies | ADNOC, NewMed Energy, BP |
| Sector | Gaz, Gaz naturel |
| Theme | Investissements & Transactions, Investissement entreprise |
The Israeli gas group NewMed Energy announced on Tuesday that it had received an offer to buy 50% of its capital from a consortium formed by the British giant BP and the Emirati company ADNOC for about 4 billion dollars. BP confirmed the offer in a statement issued in London, without revealing the amount.
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