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GLOBAL MARKETS-Dollar, U S Treasuries edge higher on strong U S labor report
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Sempra Energy announces agreement to sell non-controlling interest in Sempra Infrastructure Partners
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Sempra Energy (SRE) To Sell Non-Controlling Interest In Sempra Infrastructure Partners to KKR (KKR) for $3 37 Billion
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Article content
initiatives that are widely popular, according to a
Reuters/Ipsos poll, but U.S. public support declines when the
initiatives are packed into a Democratic bill and sold as a
Biden-backed plan.
economic growth this year but it is too early to say by how
much, Finance Minister Bruno Le Maire said on Friday. Japan’s services sector activity fell in March, a private
survey showed, but taking some shine off the precious metal were
signs that the pace of the downturn was the slowest since
January 2020.
their net long futures and options positions in the latest week,
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Sempra Energy Announces Agreement To Sell Non-Controlling Interest In Sempra Infrastructure Partners
April 5, 2021 GMT
SAN DIEGO, April 5, 2021 /PRNewswire/ Sempra Energy (NYSE: SRE) today announced that it has entered into a definitive agreement to sell a non-controlling, 20% interest in Sempra Energy’s new business platform, Sempra Infrastructure Partners, to KKR for $3.37 billion in cash. KKR is a leading global investment firm.
This transaction values Sempra Infrastructure Partners at approximately $25.2 billion, including expected asset-related debt at closing of $8.37 billion.
Today’s announcement is part of a series of integrated transactions originally announced in December 2020 that are intended to simplify Sempra Energy’s non-utility infrastructure investments under one self-funding platform, combining the strengths of Sempra LNG, a leading developer of liquefied natural