EQT in Talks to Sell Pipeline Stakes to Blackstone for $3.5B - Reuters
Express News | Blackstone Group is negotiating to acquire a stake in the natural gas pipeline assets owned by eqt corp, with a potential trade of approximately 3.5 billion US dollars. Blackstone plans to execute this investment through its credit and insurance divisions
Sources: Blackstone is in talks to acquire US oil pipeline equity from EQT for 3.5 billion dollars.
Insiders familiar with the matter said on Friday that private equity firm Blackstone is in deep negotiations to acquire a minority stake in the interstate natural gas pipeline owned by EQT Corp for approximately $3.5 billion. If successful, this deal will help the natural gas producer reduce its debt accumulated earlier this year from the acquisition of pipeline operator equitrans midstream. Sources said that Blackstone plans to invest through its crediting and insurance departments, but due to confidential discussions, they requested anonymity. Sources added that if the negotiations do not br
Express News | Exclusive-Blackstone in Advanced Talks to Buy Stakes in EQT's Interstate Pipelines for About $3.5 Billion, Sources Say
Natural Gas Producers Await LNG Canada's Start, but Will It Be the Fix for Prices?
U.S. Natural Gas Futures Post Solid Gains -- Market Talk