.
MergerLinks Header Logo

New Deal


Announced

Mitsubishi to invest in EIG-backed MidOcean Energy.

Financials

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

Tags

Edit

LNG portfolio

Integrated Oil and Gas

United States

Acquisition

Cross Border

Minority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

Edit

Mitsubishi, a global integrated business enterprise that develops and operates businesses, agreed to invest in EIG-backed MidOcean Energy, a global liquefied natural gas company. Financial terms were not disclosed. "We are thrilled to have Mitsubishi Corp join as an anchor investor in MidOcean Energy. Mitsubishi Corp has been a pioneer of the global LNG industry and has consistently demonstrated its expertise and foresight in identifying valuable opportunities. Their investment is a testament to the strong fundamentals of the LNG market and MidOcean’s strategy to create a competitive long-term growth platform in LNG for its investors," De la Rey Venter, MidOcean Energy CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US