Announced
Completed
Financials
Tags
Cross Border
Majority
floating LNG infrastructure
Private Equity
Single Bidder
Gas Distribution
Acquisition
Friendly
Norway
Public
Completed
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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