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NBULL Global investment firm Carlyle extends reach in Canada; purchases oil and gas firm Parallax
Source: reuters.com
M&A & RestructuringEnergy Markets & PricesPrivate Markets & Venture
Carlyle is expanding its Canadian energy presence through the acquisition of privately owned oil-and-gas company Parallax. The transaction signals continued private-equity investment in Canadian hydrocarbons, though no purchase price, production metrics, or financial terms were disclosed.
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