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New Deal


Announced

Mitsui to invest in Delfin.

Financials

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

Tags

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oil and gas

United States

Integrated Oil and Gas

Acquisition

Cross Border

Minority

Private

Pending

Friendly

Single Bidder

Synopsis

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Mitsui, a Japanese transport company, agreed to invest in Delfin, a developer of LNG export projects in North America. Financial terms were not disclosed. “The Delfin team has deep experience successfully converting LNG carriers into both FSRUs and FLNG vessels. Combining that skillset with MOL’s capabilities will drive future expansion and enable Delfin to safely and reliably accelerate clean low-cost LNG exports from North America to customers around the world,” Wouter Pastoor, Delfin COO.

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