Business news - 27 March 2024

Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners.

Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than US$1 billion, reports Reuters.

Pakistan plans to ask the US to relax possible sanctions around a natural gas pipeline project from neighbouring Iran.

SEFE will take full ownership of gas transmission network, WIGA, by buying out joint venture partner Wintershall Dea, reports Reuters.