New buyers, cash-rich energy firms driving Asia-Pacific oil and gas M&As

New buyers, cash-rich energy firms driving Asia-Pacific oil and gas M&As

Photo: Reuters

A new breed of buyers and a handful of cashed-up energy firms are set to pounce on oil and gas producers and assets in the Asia Pacific next year, as a prolonged plunge in oil prices deepens the pain of an industry loaded with debt.

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