Friday, 8 April 2011

Charterhouse close on £550m Wood Mackenzie deal with Candover

The £550m sale of energy consultancy Wood Mackenzie to Charterhouse, the secretive private equity firm, may be announced on Monday in what would be the biggest UK private equity deal this year


Charterhouse, which has entered exclusive negotiations to buy Wood Mackenzie from rival private equity firm Candover, has been given until the end of Monday to complete the deal, according to people close to the situation.

On Sunday, sources said they were expecting a deal to be announced on Monday morning or early Tuesday.

Wood Mackenzie, which is chaired by Sir George Mathewson, former Royal Bank of Scotland chairman, provides research and consultancy services for energy giants such as Shell and BP.

No comments:

Post a Comment