financetom
Business
financetom
/
Business
/
BlackRock mulls selling stake in Saudi Aramco gas pipelines, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BlackRock mulls selling stake in Saudi Aramco gas pipelines, Bloomberg News reports
Jul 3, 2025 3:32 AM

July 3 (Reuters) - Asset manager BlackRock Inc ( BLK ) is in talks with

Saudi Aramco to divest its stake in the leasing rights of a natural

gas pipeline network back to the state oil major, Bloomberg News reported on

Thursday, citing people familiar with the matter.

The stake, which BlackRock ( BLK ) acquired in 2021, is likely to be worth billions

of dollars, according to the report.

Reuters could not immediately confirm the report.

(Reporting by Shanima A in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Truven acquires Springbuk to help employers make better, faster healthcare decisions
Truven acquires Springbuk to help employers make better, faster healthcare decisions
Sep 10, 2025
Truven's portfolio of real-world data, healthcare analytics and member engagement solutions expands to include Springbuk's Health Intelligence Platform and Activate Marketplace ANN ARBOR, Mich., Sept. 10, 2025 /PRNewswire/ -- Truven by Merative, a leading portfolio of healthcare analytics and real-world data solutions, has acquired Springbuk, a leading health intelligence platform for employers and their advisors. This transaction adds more than...
Green Street Celebrates 40th Anniversary and Builds Global Momentum with Strategic Expansions and Acquisitions
Green Street Celebrates 40th Anniversary and Builds Global Momentum with Strategic Expansions and Acquisitions
Sep 10, 2025
Firm now delivers integrated public and private market intelligence across four continents and expanded sector coverage with the acquisition of College House NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Green Street, the leading provider of trusted commercial real estate (CRE) and infrastructure intelligence, predictive analytics, and unbiased insights, is celebrating its 40th anniversary as it continues to accelerate global growth. Today, Green Street’s...
Taurus Capital Partners Announces Acquisition of Pathlight Learning, A Leading Franchisee of Primrose Schools
Taurus Capital Partners Announces Acquisition of Pathlight Learning, A Leading Franchisee of Primrose Schools
Sep 10, 2025
CHICAGO--(BUSINESS WIRE)-- Taurus Capital Partners (“Taurus”), an investment firm targeting long-term investments in values-driven companies, is pleased to announce its platform investment in Pathlight Learning (“Pathlight”), a leading franchisee of Primrose Schools (“Primrose”). Taurus partnered with existing management to form and recapitalize Pathlight. Primrose is a national franchise system of accredited private preschools that provides a premier early education and...
Plethora Businesses Advises in Strategic Acquisition of Precision Machining Company
Plethora Businesses Advises in Strategic Acquisition of Precision Machining Company
Sep 10, 2025
Orange, CA, Sept. 10, 2025 (GLOBE NEWSWIRE) -- September 4, 2025 – Plethora Businesses, a premier lower-middle-market investment banking firm specializing in mergers and acquisitions (M&A) advisory, proudly served as the exclusive sell-side advisor in the acquisition of a leading precision machining company by a strategic holding company focused on long-term growth. Transaction Overview The identities of the parties involved remain...
Copyright 2023-2026 - www.financetom.com All Rights Reserved