Lone Star pulls £3bn Quintain sale

Lone Star pulls £3bn Quintain sale

US private equity group Lone Star has shelved the £3bn sale of its UK residential property company Quintain, blaming the worsening coronavirus situation.  Formal bids for Quintain, which owns the Wembley Park development site, were due to be submitted later this month...
Oil and gas dealmaking peaks in Q4 as pandemic spurs consolidation

Oil and gas dealmaking peaks in Q4 as pandemic spurs consolidation

Deal making among oil and gas producers was at its highest for the year in the fourth quarter of 2020 as the pandemic-driven fallout in commodity prices spurred a wave of consolidation between explorers looking to scale up and drive down costs, a report from analytics...