Occidental to divest Delaware Basin assets in $818m deal with Permian Resources

By on    Energy Industry News  

Occidental to divest Delaware Basin assets in $818m deal with Permian Resources

Occidental Petroleum Corporation (NYSE: OXY) has announced a major divestiture deal, agreeing to sell key assets in the Delaware Basin to Permian Resources (NYSE: PR) for approximately $818 million. This strategic move, part of Occidental’s broader $4.5 billion to $6 billion divestiture program, is aimed at reducing debt and optimizing its financial position ahead of […]

$6.3bn gaming mega deal: Apollo Global Management to acquire International Game Technology and Everi Holdings

By on    Gaming, Casino and Gambling Industry News  

$6.3bn gaming mega deal: Apollo Global Management to acquire International Game Technology and Everi Holdings

International Game Technology PLC (NYSE: IGT) and Everi Holdings Inc. (NYSE: EVRI) have announced a monumental deal that will see both companies acquired by a newly formed holding company, funded by affiliates of Apollo Global Management, Inc. (NYSE: APO). Valued at approximately $6.3 billion, the all-cash transaction will integrate International Game Technology’s Gaming & Digital […]