Blackstone, Canadian Funds to Invest $3.1 Billion in LNG Canada
Blackstone and Canadian pension funds will invest $3.1 billion in LNG Canada for Mitsubishi's stake.
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05:14:48 PM UTC
SquawkNews
Blackstone NYSE:BX and a group of Canadian pension funds will invest $3.1 billion to acquire a 49.9% interest in Japanese trading house Mitsubishi Corp 's TSE:8058 holding company that owns its stake in the LNG Canada project, the companies said on Monday.The holding company owns a 15% stake in LNG…