UK's Energean terminates Carlyle deal

Reuters

03-21

UK's Energean terminates Carlyle deal

March 21 (Reuters) - UK-based Energean ENOG.L said on Friday it was terminating its deal with private equity fund Carlyle CG.O for some of the gas producer's assets due to pending regulatory approvals in Italy and Egypt.

The company added that the two parties were unable to agree on an extension of the longstop date beyond March 20.

(Reporting by Anandita Mehrotra in Bengaluru; Editing by Eileen Soreng)

((Anandita.Mehrotra@thomsonreuters.com;))

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