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KKR expands Middle East presence with minority gas pipeline stake
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KKR expands Middle East presence with minority gas pipeline stake
KKR & Co has deepened its presence in the Gulf with the acquisition of a minority stake in Adnoc Gas Pipeline Assets LLC, marking the buyout firm’s second transaction in Abu Dhabi this year, according to a report by Bloomberg. The deal builds on KKR’s track record in the region, following its landmark 2019 investment in Adnoc’s oil pipeline network – the first time a foreign asset manager took a direct interest in the infrastructure of a Gulf st…
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