A.T. Kearney sees more mergers and acquisitions in oil industry

Note: This section contains information in English only.
Source: Bloomberg
Gas and oil companies are going to spend around $450 billion in order to buy each other in 2015, since poor valuations caused by oil price collapse encourage acquisitions and mergers, said A.T. Kearney's consultants. Brent crude dropped 48% previous year on a surge of North American oil supply and OPEC denial to cut its production.
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