Blackstone, Brookfield, KKR in $16B Kuwait Oil infrastructure deal
Seeking Alpha ·
Blackstone ( BX ), Brookfield ( BN ), and KKR ( KKR ) have brokered a $16B infrastructure partnership with Kuwait Oil Co. (KOC) through a joint venture. The arrangement includes a 20.5-year lease-and-lease-back agreement encompassing all of KOC's domestic and export pipeline network. In exchange, the JV
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