Hints and tips:
...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...US fuel distributor Sunoco has agreed to buy pipeline operator NuStar Energy in a $7.3bn deal, including debt, as consolidation continues to sweep across the energy sector....
...What does Bain reckon it will take to get the pipeline moving again?...
...British drugmaker GSK also spent $1.4bn on Anglo-American biotech Aiolos Bio to restock its respiratory pipeline. Merck and medical device maker Boston Scientific also announced acquisitions....
...By contrast, KKR increased its fundraising in the quarter, raising more than $14bn, with “a noticeable uptick in our pipelines around fundraising, deployment and monetisations”, according to Robert Lewin...
...The latest deal was the $18.8bn sale of pipeline company Magellan Midstream Partners to rival Oneok this week....
...TC Energy said last month it would spin off its oil pipeline business two years after its plan to build the Keystone XL pipeline to carry crude south from Canada’s Alberta province was halted when US President...
...EQT recently struck a large deal to acquire family-owned Heritage Environmental Services, which handles waste and industrial by-products from chemical plants, pipelines, rare earths manufacturing and semiconductors...
...TC Energy, the pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said last month it was spinning off its oil transportation business to focus on shipping gas...
...New pipeline projects have become increasingly difficult to build in recent years as they are dragged through lengthy legal challenges in the courts....
...He claims Nikolai Tokarev, a former colleague of Putin’s in the KGB who runs state oil pipeline monopoly Transneft, threatened to ensure he would remain in jail unless he sold his stake for $750mn, half...
...The deal would create a new pipeline behemoth worth about $60bn....
...Regulatory barriers and legal challenges to new pipelines make existing ones attractive acquisition targets....
...News round-up Energy Transfer to buy Crestwood for $7.1bn in latest US pipeline deal (FT) ArcelorMittal weighs possible bid for US Steel (Reuters) China thwarts Intel’s $5.4bn Israeli chipmaker purchase...
...LP....
...The Chancery decided that Loews had short-changed shareholders of an energy pipeline subsidiary, Boardwalk Pipeline Partners LP, when it acquired Boardwalk for $1.5bn in 2018....
...Given the pipeline of redemptions for BREIT in November, we see BREIT and BCRED sales likely under pressure into 1H23....
...a $20bn tech buyout Orlando Bravo, co-founder of Thoma Bravo, said the $131bn-in-assets group was eyeing an “arbitrage” in publicly listed software companies across the UK and Europe and saw a strong pipeline...
...But he added that about half of Carlyle’s pipeline of deals would arise from succession issues, as a glut of retirements at companies prompted many to consider previously improbable options, including sales...
...Carlyle chief executive Kewsong Lee highlighted investment in liquefied natural gas export facilities and pipelines as particular areas of opportunity for the Washington-based private equity group....
...Because the fund has “a strong pipeline” of investors wanting to get in, the fund was likely to close to new money over the coming months, he said in the letter....
...He also said the company’s pipeline of content could allow it to fend off competition and boost margins....
...Barron’s departure follows concerns by shareholders over GSK chief executive Emma Walmsley’s lack of a scientific background as the company rebuilds its pipeline of drugs....
...On the heels of its explosive IPO, Universal Music Group is putting more deals in the pipeline....
...Pipeline exports of natural gas from Russian state-backed monopoly Gazprom to continental Europe have dropped roughly one-fifth in 2021 from pre-pandemic levels, despite a sharp rebound in demand and low...
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