Apollo said the transaction has a headline valuation of over $1 billion for OEG. Following the deal, Oaktree and others will ...

OEG's more than 75,000 cargo carrying units facilitate the transportation of essential cargo to and from offshore energy installations. The company also offers services to the offshore wind industry.

Apollo has announced its agreement to acquire a majority stake in OEG Energy Group from Oaktree Capital Management and other investors, valuing OEG at over $1 billion. OEG, a seasoned offshore ...

(RTTNews) - Apollo (APO) announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG Energy Group, a offshore energy solutions business, from funds managed by ...

The transaction implies a headline valuation of more than $1 billion for OEG, and Oaktree and others will retain a minority equity interest in the Company. OEG is a scaled provider of core ...