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private-equity firm

Markets

Xcite Energy’s shares suffer 4.5% fall

Sluggish economic data from the world's biggest economy offset gains by buoyant banking stocks today, sending the FTSE 100 Index into the red and continuing a turbulent performance by the top tier.

Oil & Gas

Aiming to double

International oil and gas logistics company Asco was sold in November to private equity firm Doughty Hanson in a deal believed to be worth up to £250million.

Markets

Oil and gas investment fund secures £50m

Oil and gas service investment fund Epi-V has secured £50million of capital from mid-market private equity firm LDC, taking the total amount raised by the team to £110million.

Oil & Gas

Centrica bids to woo shareholders

British and Scottish Gas parent Centrica will this week attempt to win over more major shareholders of Venture Production to its hostile £1.3billion cash takeover bid for the oil and gas operator which has its HQ in Aberdeen.