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New Deal


Announced

Completed

Mitsui completed the acquisition of a 92% stake in an unconventional gas asset in Texas from Silver Hill Eagle Energy Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For92%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Majority

Private

Completed

oil and gas

Friendly

Integrated Oil and Gas

United States

Infrastructure

Cross Border

Synopsis

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Mitsui, one of the largest sogo shosha in Japan, completed the acquisition of a 92% stake in an unconventional gas asset in Texas from Silver Hill Eagle Energy Partners, a private oil and gas company headquartered. Financial terms were not disclosed. Mitsui believes that natural gas and LNG will play an important role as a "pragmatic solution" for energy transition, and they will continue to contribute to stable energy supply, enhanced quality of life, and sustainable development of society by further promoting our global natural gas and LNG businesses.

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