KKR buys into Adnoc’s gas pipeline network
Adnoc Gas Pipeline Assets operates 38 pipelines and two export terminals in the UAE
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Adnoc Gas Pipeline Assets operates 38 pipelines and two export terminals in the UAE
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
First announced in May last year, the agreement was finalized through an investment vehicle of Global Infrastructure Partners
The transaction reportedly values the business at USD 14 bn
The move marks GSU’s first foray into the Commonwealth of Independent States region
The firm’s stake in the company now stands at 82.55%
The proposal would see Orascom absorb and delist OCI
The transaction will see Regal rebranded as Arada London
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