USA Upstream Mergers and Acquisitions Slump
According to EIR,
Persistently low crude prices have kept many buyers on the bench.
After a strong start to the year, U.S. upstream mergers and acquisitions declined in the third quarter, with deal value dropping to $9.7 billion, marking the third consecutive quarterly decline.
Author's summary: US upstream M&A slumps.
- Deal value: $9.7 billion
- Third straight quarterly decline