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several bidders

RWE puts energy exploration arm up for sale
Markets

RWE puts energy exploration arm up for sale

05/03/2013
By Ross Davidson

German energy firm RWE said yesterday it had put its oil and gas exploration unit up for sale in a move that could rake in billions of pounds for its drive to cut debt. RWE had previously said it only wanted to sell parts of the unit, called Dea, which accounted for 23% of the group's operating profits in 2012.

Asco US bid talk
Markets

Asco US bid talk

12/10/2011
By Elaine Maslin

US-BASED private-equity group AEA Investors, which counts former BP chief executive Tony Hayward among its advisers, was reported yesterday to be among bidders for international oil and gas logistics group Asco.