Deals
Abu Dhabi Said to Near Pipeline Deal With GIP-Backed Group
- Deal may value Adnoc’s gas pipelines at more than $15 billion
- Investor group could reach an agreement on 49% stake in June
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Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals.