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    Trefis: Anadarko Rakes In $2.6 Billion From African Asset Sale

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Summary

Anadarko is negotiating for stake at Mozambique offshore of the India Oil and Natural Gas. 10%percent stake is worth of $2.64 billion.

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Press Notes, Africa

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Trefis: Anadarko Rakes In $2.6 Billion From African Asset Sale

Anadarko (NYSE:APC) has struck a deal with India’s Oil and Natural Gas Corp. (ONGC) to sell its 10% stake in an offshore Mozambique gas field for $2.64 billion. The all-cash deal is expected to complete by March next year. MORE

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