Three of the largest asset management firms are competing for Shell’s interest in the LNG Canada project, with price tag estimates ranging between $10 billion and $15 billion, Reuters reported, citing unnamed sources familiar with the matter.
Three of the largest asset management firms are competing for Shell’s interest in the LNG Canada project, with price tag estimates ranging between $10 billion and $15 billion, Reuters reported, citing unnamed sources familiar with the matter. KKR, Apollo Management, and Blackstone are vying for a portion of Shell’s 40% stake in LNG Canada, which is the first North American export facility for the superchilled fuel with access to the Pacific, Reuters noted, making it well-positioned to supply the Asian market.
The report on the potential…