Finance2 sources
Blackstone-Led Group Invests $3.1B in LNG Canada from Mitsubishi
- Blackstone and Canadian institutional investors are investing $3.1 billion.
- The investment is in Mitsubishi Corporation's interest in LNG Canada.
- The deal involves the acquisition of a stake in LNG Canada’s liquefaction business.
- The transaction is led by Blackstone Inc. and involves a Mitsubishi Corp. subsidiary.
- The investment is finalized and the acquisition is pending.