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DealBook: El Paso Sells Divisions to Apollo-Led
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Posted On: 02/27/2012 5:04:37 AM
Posted By:
junewong
DealBook: El Paso Sells Divisions to Apollo-Led Group for $7.15 Billion
by
By MICHAEL J. DE LA MERCED
El Paso agreed on Friday to sell its exploration and production businesses to a consortium led by Apollo Global Management for about $7.15 billion, in one of the biggest leveraged buyouts since the end of the financial crisis.
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