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EQT, Blackstone
EQT to sell natural gas pipeline stakes to Blackstone in $3.5B deal
EQT Corp. (NYSE:EQT) +3.7% pre-market Monday after saying asset manager Blackstone (BX) agreed to acquire non-controlling equity interests in some of its natural gas pipelines for $3.5B in cash. EQT (EQT) and Blackstone (BX) will form a new midstream joint venture consisting of EQT's ownership interest in the Mountain Valley pipeline,
Blackstone to buy EQT’s midstream assets for $3.5bn
Blackstone has agreed to buy natural gas company EQT Corporation’s contracted infrastructure assets for $3.5 billion through a new midstream joint venture (JV). The investment implies a total JV valuation of around $8.8 billion or 12x EBITDA. Both Blackstone and EQT will hold equity stakes in the JV.
EQT Secures $3.5 Billion Boost: Blackstone JV To Power Midstream Expansion
EQT Corporation announced a $3.5 billion midstream joint venture with Blackstone Credit & Insurance, providing a substantial equity capital solution and reducing net debt to $9 billion by 2024.
EQT and Blackstone Create $3.5-Billion Joint Venture
EQT Corporation has formed a $3.5 billion midstream joint venture with Blackstone, highlighting continued consolidation in the U.S. energy sector.
EQT Teams with Blackstone for $3.5 Billion Midstream Joint Venture
EQT said it has agreed to form a new midstream joint venture with Blackstone's credit asset management division in exchange for $3.5 billion in cash.
EQT In Midstream Joint Venture With Blackstone Credit for Cash Consideration Of $3.5 Bln
EQT Corporation (EQT), a natural gas producer, Monday said it has agreed to form a new midstream joint venture with funds managed by
EQT forms midstream joint venture with Blackstone unit
EQT will maintain rights to growth projects related to the assets. Credit: T. Schneider/Shutterstock. EQT, a US-based natural gas producer, has announced a midstream JV with Blackstone Credit & Insurance (BXCI),
7h
on MSN
Blackstone to list Spain's Cirsa shares in Madrid early 2025, Expansion says
Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an ...
GlobeSt.com
7h
Blackstone Pays $198M for Retail Portfolio in SoHo
Blackstone has struck a deal to acquire a retail portfolio in the SoHo submarket of Manhattan for $197.5 million.
5d
Blackstone is buying Jersey Mike's; it also has a stake in these big brands
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition. FOX Business takes a look at some ...
2d
Blackstone: Taking Profit On Sharp Rally And Recycling Capital (Rating Downgrade)
Blackstone stock downgrade to "Sell" due to elevated downside risk and market sentiment; reassess if a 15%-20% pullback ...
16h
Walmart has this Blackstone griddle on sale for less than $150 for Black Friday — and it’s going to sell out quick
Walmart is offering a major price drop on this Blackstone 2-burner 28-inch propane Omnivore griddle during its "Black Friday Deals" sale — but this deal is going sell out fast.
4d
Blackstone Invests $500 Million in Lancium AI Buildout
Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in ...
4d
Jersey Mike’s sandwich chain is acquired by private equity firm Blackstone for $8 billion
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued ...
India West
2d
Blackstone Eyes 20% Stake In India Haldiram’s Snacks
NEW DELHI (Reuters) – Blackstone has dropped plans to acquire a majority stake in the snacks business of India’s Haldiram’s ...
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