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Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say
Source: reuters.com
Commodities & Raw MaterialsEnergy Markets & PricesM&A & RestructuringInvestor Sentiment & Positioning
Citadel held talks to buy U.S. oil production assets as it considers expanding from trading/hedging into ownership of physical energy assets. The report suggests a strategic shift toward direct exposure in physical commodities, but no deal terms or timing were disclosed.
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