KKR exits Malaysian helicopter services operator after a decade
Buyout firm KKR & Co. has sold all its stake in Weststar Aviation Services, marking its full exit from the Malaysian helicopter services company after a decade.
KKR
Trafigura seeks funding as commodity surge triggers margin calls
Trafigura Group, one of the world’s top oil and metals traders, has been holding talks with private equity groups to secure additional financing as soaring prices trigger giant margin calls across the commodities industry.
ADNOC seals $20.7bn deal on gas pipelines
A group of international investors is buying a stake in ADNOC’s gas pipeline assets, which are valued at $20.7 billion.
GIP consortium to seek $8 billion loan for ADNOC deal
An investor group backed by Global Infrastructure Partners and Brookfield Asset Management is seeking a loan of about $8 billion to finance the potential purchase of a stake in ADNOC’s natural gas pipelines, according to people with knowledge of the matter.
Exclusive: Proserv launches two new divisions following debt restructuring deal
Proserv has “restructured the business for growth” with the launch of two separate divisions after agreeing a deal to wipe out its debt last year.
Blackstone, Apollo mulling bid for Western Midstream stake
Blackstone Group Inc. and Apollo Global Management Inc. are interested in bidding for a majority stake in Western Midstream Partners LP being sold by Occidental Petroleum Corp., according to people familiar with the matter.
Singapore wealth fund investing $600m in Adnoc pipelines
The Abu Dhabi National Oil Company (Adnoc) has entered into a pipeline infrastructure investment pact with GIC, Singapore’s sovereign wealth fund.
KKR, BlackRock invest $4bn in Abu Dhabi pipelines
KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.
US shale oil driller Samson files for bankruptcy
US oil and gas driller Samson Resources has filed for bankruptcy in Delaware, undone by a collapse in energy prices and billions in debt that KKR & Co. and other investors piled on to fund a 2011 takeover.