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Saudi Aramco signs $12 4b pipeline deal with EIG-led consortium
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Saudi Arabian Oil : Aramco signs $12 4 billion pipeline deal with EIG-led consortium
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Brookfield, BlackRock no longer in race for over $10 billion Aramco pipeline stake -sources
04/06/2021 | 03:26pm EDT
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DUBAI (Reuters) -U.S. asset manager BlackRock and Canada s Brookfield Asset Management Inc are no longer in the race to buy a stake in Saudi oil giant Aramco s pipeline business, two sources familiar with the deal said.
Apollo Global Management and New York-based Global Infrastructure Partners (GIP) are among the bidders still in the race for the deal, which could fetch Aramco over $10 billion, they said.
EIG Global Energy Partners is also in the race for the pipeline assets, two separate sources said.
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