EIG-led consortium closes $12.4bln Saudi Aramco pipelines deal

EIG-led consortium closes $12.4bln Saudi Aramco pipelines deal

U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer 's pipelines business for $12.4 billion. EIG said the co-investment process for the deal attracted a global group of investors from China, Saudi Arabia, Korea, the United Arab Emirates and the United States. It included Abu Dhabi's , , and Samsung Asset Management, the company said. (Reporting by Shariq Khan in Bengaluru; Editing by Arun Koyyur) (([email protected]; Within U.S.+1 646 223 8780, outside U.S. +91 80 6182 2681; Twitter: @shariqrtrs;))