Blackstone to buy stakes in EQT US interstate gas pipelines for $3.5bn

By Yahoo! Finance | Oct 28, 2024 at 06:57 AM EST

Blackstone is in advanced talks to acquire minority stakes in EQT's US gas pipelines for $3.5bn, aiming to reduce EQT's debt. The deal could be finalized by November/December 2024, granting Blackstone exposure to energy assets like the Mountain Valley Pipeline.

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