Vallares raises GBP1.35 billion to buy oil assets
Vallares PLC, led by former BP PLC boss Tony Hayward and financial magnate Nathaniel Rothschild, said Friday it has raised GBP1.35 billion in a float to create an acquisition vehicle to buy oil and gas assets in emerging markets.
GCP Infrastructure Investments has raised £67.4m, gross, which more than doubles the size of the company.