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Private equity groups vie for UK testing firm LGC: sources

Private equity groups including Cinven and Blackstone are vying to buy KKR-owned LGC Group in a deal that could value the British scientific measurement and testing company at as much as 2.5 billion pounds, people close to the matter said.

Shell, consortium exit two Kazakh offshore projects

Royal Dutch Shell has pulled out of the Khazar offshore project next to the giant Kashagan field in Kazakhstan and a multinational consortium including Shell is also dropping plans for the adjoining Kalamkas block, officials said on Monday.

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