BlackRock and KKR's Stake in Adnoc Oil Pipeline Sold to Abu Dhabi's Lunate
Wednesday, 3 April 2024, 13:39
BlackRock and KKR Sell Adnoc Oil Pipeline Stake to Abu Dhabi's Lunate
BlackRock and KKR have divested their 40% stake in Adnoc's oil pipeline network to Abu Dhabi-based Lunate, marking a significant move in the energy sector. This transaction returns a substantial portion of the company's pipeline infrastructure back to the Abu Dhabi region.
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