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KM Financial Solutions | UPDATE 1-Neptune Energy to cancel dividend, cut spending plans by around $300 mln
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UPDATE 1-Neptune Energy to cancel dividend, cut spending plans by around $300 mln

30 Mar UPDATE 1-Neptune Energy to cancel dividend, cut spending plans by around $300 mln

Posted at 13:24h in News by
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Private equity-backed gas
producer Neptune Energy plans to cut its budget for development
projects by around $300 million this year and will not pay a
cash dividend to its owners Carlyle and CVC Capital
Partners, it said on Tuesday.

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