MARKETS

M&A dries up

THE global upstream M&A cash register rang to the tune of $27.1 billion ($A32.3 billion) in the second quarter, down 60% on total spend in Q1 and a 58% drop from the December quarter.

M&A dries up

Evaluate Energy's tally of merger and acquisitions for the June quarter shows that despite a sugar hit in November after OPEC elected to take 1.8 million barrels per day from the market, sector confidence,...

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