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Adnoc closes $4bn pipeline deal with BlackRock and KKR

Abu Dhabi National Oil Company completed its $4 billion (Dh14,69bn) deal with BlackRock and KKR, who will in exchange have a 40 per cent stake in its pipeline infrastructure. The infrastructure financed by a group of international banks through private equity companies was oversubscribed during syndication, Adnoc said on Thursday….

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