UK Government Tells LetterOne Group Friedman To Sell UK Assest
Russian billionaire Mikhail Fridman must sell his North Sea gas fields within six months, the UK has ordered. His LetterOne Group acquired the assets as part of a €5.1bn acquisition of the oil and gas arm of Germany’s RWE. UK energy secretary Ed Davey fears production from the gas fields …
LetterOne: Lord John Browne Appointed Chairman of Renamed DEA
After the acquisition by LetterOne, the Hamburg based upstream company RWE Dea has a new owner, a new supervisory board and gets a new name. LetterOne is a privately owned Luxembourg-based global investment vehicle focused on utilizing its financial resources, management and investment expertise. At the first general meeting of …