Buyout firm EnCap Investments agrees $1.5bn purchase of EP Energy

Buyout firm EnCap Investments agrees $1.5bn purchase of EP Energy

Private equity firm EnCap Investments has agreed to acquire EP Energy for $1.5bn, people familiar with the matter said, less than a year after the oil and gas producer emerged from a bankruptcy process that handed control to its creditors. EnCap plans to split EP,...
Iress opens books to EQT after higher $2.35bn bid

Iress opens books to EQT after higher $2.35bn bid

Australia’s Iress Ltd said on Wednesday it had opened its books to EQT after the Sweden-based private equity firm made a revised proposal to buy the software provider for an enterprise value of $2.35bn. Iress said last month it had rejected two earlier bids from EQT,...