Oil Search launches InterOil takeover

Oil Search has launched a $2.2 billion takeover of fellow Papua New Guinea-focused company InterOil while also signing a deal to sell assets to French giant Total if the proposed acquisition goes ahead.

PNG deal: Oil Search plans to takeover InterOil and immediately sell down the new acquired assets to Total
PNG deal: Oil Search plans to takeover InterOil and immediately sell down the new acquired assets to Total
Published 20 May 2016, 01:07Updated 25 October 2016, 15:32
Asia & Oceania