Is Ithaca Energy's £754m buy of Eni's North Sea oil and gas assets a good deal?


by @cityam

@cityam— Ithaca Energy doesn't seem to think the North Sea is being taxed to a slow death based on the blockbuster £756m deal it made this week.

@cityam—Ithaca Energy to buy Eni's UK assets for about £754m. North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.

Music Business Worldwide—From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund it’s MBW’s Weekly Round-Up. The five biggest stories to hit our headlines over the past seven days Source

Mobile World Live—Lumine wraps up deal to buy Casa's wireless assets. Lumine Group completed its $32.2 million deal to buy Casa Systems’ 5G core and RAN assets after fending off a rival bidder last week.