Sixth Street Partners completed the acquisition of a 49% stake in BP Pipelines from BP for $700m.

Synopsis

Sixth Street Partners, an investment firm, completed the acquisition of a 49% stake in BP Pipelines, a petroleum pipelines provider, from BP, a oil and gas company, for $700m.

Principals

target

Bp Pipelines

bidder

Sixth Street Partners

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Market Context

Dealmakers

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15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.