Global private equity firm KKR has strengthened its presence in the Middle East region through a new investment in ADNOC Gas Pipeline Assets, a subsidiary of the Abu Dhabi National Oil Company. This latest move sees KKR acquiring a minority stake in the company, which currently manages 38 gas pipelines and two export terminals in the United Arab Emirates. The specific financial details of the deal remain undisclosed, as reported by CNBC.
Private equity giant KKR expands Middle East footprint with ADNOC gas pipeline investment
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