Apache to sell Australian operations to Brookfield, Macquarie for $2.1 bln: Reuters
U.S. oil and gas company Apache Corp said it would exit its exploration and production business in Australia by selling its unit in the country to a consortium of private equity funds for US$2.1 billion in cash, Reuters reported. The sale of Apache Energy Ltd to a consortium of funds managed by Macquarie Capital Group Ltd and Brookfield Asset Management Inc has an effective date of Oct. 1, 2014.
9 April 2015•2 mins read
