Kosmos Could Be Valued At $5 Billion If Goes Public: Report
(Reuters) - The private equity backers of oil firm Kosmos Energy are considering taking it public in either the U.K. or U.S., which could value the company at around $5 billion, the Financial Times reported on Thursday. Kosmos, backed by private equity firms Warburg Pincus (WP.UL) and Blackstone Group LP (BX.N:), had agreed to a deal last year to sell its interests in Ghana's Jubilee oilfield to Exxon Mobil Corp (XOM.N:) for $4 billion, sources close to the deal had said at the time.
3 September 2010•1 min read
