Aramco Closes $15.5 Billion Deal for Gas Pipeline Business
23 Fevereiro 2022 - 3:21PM
Dow Jones News
By Olivia Bugault
Saudi Aramco said Wednesday that it has closed a $15.5 billion
deal with a consortium led by BlackRock Inc. and Hassana Investment
Co. for the partial sale of its natural-gas pipeline business.
The state-owned oil major said in December that it was planning
a lease and leaseback deal, agreeing to sell a 49% stake in
newly-formed subsidiary Aramco Gas Pipelines Company.
Under the deal, the company will keep a 51% majority stake in
the subsidiary, as well as full ownership and operational control
of the pipeline network, it said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
February 23, 2022 13:06 ET (18:06 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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