Daily roundup / Ratio oil deal hits a skid
Mekorot wants the deal to upgrade Azerbaijan's water system and Phoenix insurance group flies into American residential market while Discount Investments sees black.
Ratio Oil deal hits a skid: The deal that Ratio Oil Exploration announced on Sunday morning, to sell 20% of the rights in the Gal deep-water prospect, promptly hit a snag. The prospective buyer is the Italian firm Edison and the snag is that Ratio had had agreements in place to sell some rights to Israeli companies, which are objecting. Ratio explains that permission from the Israeli antitrust...
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