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Blackstone-Led Group to Invest $3.1 Billion in Mitsubishi LNG Canada Stake

A Blackstone-led group has agreed to acquire a 49.9% stake in Mitsubishi Corp.'s interest in a Canadian natural-gas liquefaction project for $3.1 billion.

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By Kosaku NariokaA Blackstone-led group has agreed to invest $3.1 billion in Mitsubishi Corp.'s interest in a natural-gas liquefaction project in Canada.The U.S. investment firm said Monday that its funds, in partnership with Canadian institutional investors, have agreed to acquire a 49.9% noncontr…

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