• Laredo Petroleum disclosed that PE group Warburg Pincus reduced its stake in the company 4% through a distribution of 3.5 million of its 88 million common shares to its limited partners July 1. The Warburg vehicles disposing were Warburg Pincus Private Equity IX, Warburg Pincus X Partners and Warburg Pincus Private Equity X O&G. Warburg will still be the controlling shareholder with postdistribution aggregate interest of 65%.• Barclays calculated that major oil companies......
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