Oil-Rich but Cash-Dry? This Banker Gets the Call
Shares in just 10 of 59 follow-on deals traded above their offer price at the end of 2015, and the shares sold by energy producers last year are collectively down $5.7 billion Credit Suisse was involved in four of the deals that have made money for investors, and Mr. Santangelo said many of the othe...
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Published in | Daily Bankruptcy Review |
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Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
New York
Dow Jones & Company Inc
04.01.2016
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Subjects | |
Online Access | Get full text |
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Summary: | Shares in just 10 of 59 follow-on deals traded above their offer price at the end of 2015, and the shares sold by energy producers last year are collectively down $5.7 billion Credit Suisse was involved in four of the deals that have made money for investors, and Mr. Santangelo said many of the others have outperformed the SIG Oil Exploration and Production stock index, an industry benchmark, which fell 46% in 2015. |
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