Why size really does count
We have a problem. Put bluntly there are now far too many indigenous companies getting snapped up by overseas buyers.
We have a problem. Put bluntly there are now far too many indigenous companies getting snapped up by overseas buyers.
US-based private equity company Riverstone Holdings is reportedly looking to buy up to half of Aberdeen-based Fairfield Energy and use it as a vehicle for creating a new North Sea oil firm.
North-east subsea technology and service company Triton Group and four other firms are part of a five-way merger under the umbrella of Forum Energy Technologies (FET).