Roan Hires Citigroup, Jefferies to Help Evaluate Strategic Alternatives
May 20 2019 - 09:00AM
Dow Jones News
By Chris Wack
Roan Resources Inc. (ROAN) said Monday that it has hired
Citigroup Global Markets Inc. and Jefferies LLC to assist in
evaluating strategic alternatives.
In April, Roan Resources said it had received multiple
unsolicited indications of interest for an outright purchase of the
company, as well as inbound inquiries from potential consolidation
partners, and has formed a transactional working committee of its
board to evaluate potential strategic alternatives.
Roan said that since then it has received additional inquiries
for an outright purchase of the company, and that the committee
will consider all strategic alternatives.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
May 20, 2019 08:45 ET (12:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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