Last year, however, the news broke that Invesco is selling its Intelliflo business to the PE firm Carlyle. In the process, ...
The in-default British energy engineering company continues to explore options for its other assets following a failed financial restructuring. Image by Pitchaya Pingpithayakul via iStock Petrofac has ...
US-based CB&I is set to acquire financially beleaguered Petrofac’s Asset Solutions business — a move aimed at reducing the latter’s mounting debt burden amid an ongoing administration process.
THE WOODLANDS, Texas, Dec. 24, 2025 /PRNewswire/ -- CB&I today announced that it has entered into a sale agreement to acquire Petrofac's Asset Solutions business, a leading provider of operations, ...
The European Union came up with an 11th-hour deal to help Ukraine, but the solution raised questions about the bloc’s decisiveness. By Jeanna Smialek Reporting from Brussels Just before 3 a.m. on ...