Saudi Aramco Completes Sale Of Stake In Pipeline Unit For $12.4 Billion To EIG-Led Consortium
Saudi Aramco said it has finished the offer of its 49% stake in Aramco Oil Pipelines Co. for $12.4 billion to a consortium driven by Washington-based EIG Global Energy Partners as the world’s top oil maker ventures up gathering pledges drives. The consortium—which addresses a wide segment of financial backers from North America, Asia, and…