Announced
Financials
Sources
Tags
Marine Transportation
Greece
Pending
marine transportation
Private Equity
Public
Friendly
Single Bidder
Cross Border
lng carrier
Privatisation
Acquisition
Minority
Synopsis
BlackRock Global Energy & Power Infrastructure, which is focused on essential, long-term infrastructure investments in the energy and power sector, agreed to acquire minority stake and privatize GasLog, an international owner, operator, and manager of liquefied natural gas carriers, for £177m. "This transaction is a transformative next step for GasLog, offering shareholders an immediate and considerable premium for their shares and allowing for access to growth capital currently absent in the public equity markets," Peter G. Livanos, GasLog Chairman.
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