Private equity giant KKR expands Middle East footprint with ADNOC gas pipeline investment
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That ADNOC subsidiary operates 38 gas pipelines and two export terminals in the United Arab Emirates. KKR did not disclose the value of the deal to CNBC.
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BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate.
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