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Citadel explores acquisition of US shale production assets

hedgeweek

1 hour ago

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Citadel is exploring opportunities to acquire US oil production assets, signalling a potential further expansion by the hedge fund and commodities trading powerhouse into physical energy markets, according to a report by Reuters citing unnamed people familiar with the matter.
The firm founded by Ken Griffin was among the bidders for WildFire Energy, an Eagle Ford shale producer in South Texas that was being sold by private equity owners Warburg Pincus and Kayne Anderson, according to four people...

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