MARKET CURRENTS
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- Sunday, January 29, 3:56 AM A consortium including P-E firms Apollo (APO) and Riverstone reportedly leads the race for El Paso's (EP) oil-exploration unit and is in advanced negotiations to buy the ops for $7B. The business is being sold as part of El Paso's acquisition by Kinder Morgan (KMI), which is also considering breaking the unit up. (previous I, II)
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