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M&A still subdued

TWO-thirds of oil and gas executives polled by EY in the consultancy's latest Oil & Gas Capital Confidence Barometer expect to take advantage of market weakness, and asset shedding across the sector by pursuing an acquisition in the next 12 months.

Haydn Black

EY's 13th report shows that 10% more executives expect to open their wallets than in the last report in April, however the numbers show the M&A market has been lacklustre to date, with more sellers than...

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