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Announced

Completed

MSCP and Leif Höegh & Co completed the acquisition of the remaining 50% stake in Höegh LNG Holdings for $1.1bn.

Synopsis

Morgan Stanley Capital Partners and Leif Höegh & Co, an international shipping company, completed the acquisition of the remaining 50% stake in Höegh LNG Holdings, a provider of floating LNG infrastructure services, for $1.1bn. With the completion of the Amalgamation, JVCo intends to undertake a comprehensive review of the Company’s operational and financial strategy and that of its affiliates to strengthen the financial profile of the group and will carefully review its integrated business plan including future financial needs.

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