Friday, April 7, 2017

Weak crude oil stunts U.S. energy IPOs, boosts outlook for M&A

LONDON/NEW YORK (Reuters) - The stream of U.S. energy companies going public at the start of 2017 has dried up on concerns over the future direction of oil prices, but private buyers seeking mergers and acquisitions are ready to take advantage of the volatility to secure cheap deals.

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