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Mitsubishi to sell LNG Canada stake to Blackstone unit for $1.6-billion
Source: The Globe and Mail
M&A & RestructuringEnergy Markets & PricesCompany Fundamentals
Mitsubishi Corp. said it will sell a 49.9% interest in a holding company that owns its stake in the LNG Canada project for about US$1.6 billion. The buyer is a fund managed by Blackstone Credit & Insurance, a Blackstone unit.
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