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Macro Finance

Oryx Energies Sold for About $1 Billion in Management Buyout

Bloomberg Markets·October 8, 2026·1 min read

Oryx Energies SA, an Africa-focused trader, was sold for around $1 billion in a management buyout, according to a source familiar with the deal. The transaction represents a significant consolidation in the energy trading sector, with the company's management taking control in a leveraged acquisition.

Read at Bloomberg Markets
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