Reuters: Serica Energy to buy Tailwind Energy Investments in $782 million deal

 

UK oil and gas producer Serica Energy, agreed to buy North Sea peer Tailwind Energy Investments for 644 million pounds ($782 million), bringing on energy trader Mercuria as its biggest investor as part of the deal, the article says.

Tailwind Energy Limited was co-founded by Stephen Edwards and Tom Ujejski, two alumni of Cambridge Judge Business School (EMBA 2009). Tom also serves as member of Cambridge Judge Advisory Board.

Read the full article [reuters.com]