UK M&A | Ithaca Energy acquires JAPEX UK
March 31, 2025
On 25 March 2025, Ithaca Energy announced the acquisition of JAPEX’s UK business for an estimated cash consideration at completion of US$140 million, based on enterprise value of US$193 million. The deal is effective 1 January 2024 and completion is targeted by 30 June 2025.