Rotterdam, NL (Nov. 26, 2013) – H.E.S. Beheer N.V. (the “Company“) and Hestya Energy B.V. (“Hestya“) announce that they are in discussions regarding a possible public cash offer, by Hestya or a new entity that is an affiliate of Hestya (the “Possible Offeror“), for all issued and outstanding shares of the Company (the “Possible Public Offer“). Hestya was incorporated and is controlled by investment funds managed or advised by an affiliate of Riverstone Europe LLP (“Riverstone“). HES Beheer has granted exclusivity to …
Continue Reading...Denver, CO and London, UK (Nov. 7, 2013) – Liberty Resources II LLC (“Liberty II” or the “Company”), a newly-formed, Denver-based oil and gas company today announced a $350 million commitment, including $300 million from funds managed by energy private equity firm Riverstone Holdings LLC (“Riverstone”), $50 million from Oakmont Corporation and additional amounts from the Company’s management team. The Riverstone commitment comprises $200 million from Riverstone Global Energy and Power Fund V (“Fund V”) and $100 million from Riverstone Energy Limited (“REL”).
Riverstone and Liberty II management previously partnered successfully in …
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