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Global investment firm Carlyle buys Alberta oil and gas producer Parallax as it extends reach in Canada

Source: The Globe and Mail

M&A & RestructuringEnergy Markets & PricesPrivate Markets & Venture

Global investment firm Carlyle is expanding its Canadian presence through the acquisition of privately owned oil and gas company Parallax. The transaction signals continued private-capital investment in Canadian energy assets, though no financial terms or operational metrics were disclosed.

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