Blackstone to sell 40 pct stake in Cheniere to Brookfield: Reuters

Blackstone Group has agreed to sell a 40 percent stake in Houston-based liquefied natural gas terminal operator Cheniere Energy Partners to Brookfield Infrastructure and its own affiliated company, reported Reuters.

Blackstone Group has agreed to sell a 40 percent stake in Houston-based liquefied natural gas terminal operator Cheniere Energy Partners to Brookfield Infrastructure and its own affiliated company, reported Reuters. Brookfield negotiated a US$34.25 per unit sale price that values the deal at about US$7 billion.

Source: Reuters