Finance & Investing | Private Equity | Deals - Acquisition, Mergers, Divestitures | Capital Markets
CrownRock Wasted No Time Sellling Oxy Shares It Acquired
Email
Print 
Bookmark
Crown Rock Holding is selling 29.6 million shares of Oxy worth $1.7 billion it acquired as part of the $12 billion deal Oxy signed when it acquired the company.
CrownRock Holdings owns the general partner that owned CrownRock, LP, according to regulatory filings. It was formed by Dunn and Lime Rock Partners, a private equity firm.
Occidental isn’t offering any shares of common stock as part of CrownRock’s offering, according to the statement.
Related Categories :
Private Equity
More Private Equity News
-
Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
-
Mitsubishi to Buy Aethon for ~$5.2B, Taking Scaled Haynesville Gas Platform
-
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
-
Chevron, Quantum prepare joint bid for Lukoil’s international assets
-
Ascent is quietly setting the Utica productivity curve
Permian News >>>
-
Why $90 Oil Isn’t Bringing Back the Rigs -
-
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year -
-
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
-
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
-
Apa Corp : Doing More With Less
