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Brookfield Asset Management : , BlackRock no longer in race for over $10 bln Aramco pipeline stake -sources

Message : Required fields DUBAI, April 6 (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. Washington DC-based EIG provides institutional capital to the global energy industry, it says on its website.

Brookfield, BlackRock no longer in race for over US$10 billion Aramco pipeline stake - sources

Brookfield, BlackRock no longer in race for over US$10 billion Aramco pipeline stake - sources
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