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Dow Jones Top Financial Services Headlines at 4 PM ET: KKR, Blackstone Sign $16 Billion Kuwait Oil Deal | Ex-JPMorgan ...
KKR, Blackstone Sign $16 Billion Kuwait Oil Deal
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cnbc.com
Blackstone, Brookfield and KKR sign $16 billion deal with Kuwait for oil pipeline network
Kuwait Oil will enter joint venture with the three global giants in a lease-and-leaseback structure for a 20.5-year period that includes a volume-based tariff.
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gulfnews.com
Kuwait signs $16b pipeline deal with Blackstone-led group
Blackstone, KKR and Brookfield take a 49% stake in Kuwait’s 320km pipeline network in a $16bn deal, underscoring confidence in the Gulf state’s energy sector.
