Blackstone in Talks to Acquire Pipeline Stakes from EQT for $3.5 Billion
Blackstone is reportedly in advanced discussions to purchase minority stakes in EQT Corp’s interstate natural gas pipelines for approximately $3.5 billion. Key details include: Purpose of the Acquisition: This deal would enable EQT to reduce its substantial debt, which has accumulated following its acquisition of Equitrans Midstream earlier this year. Investment Structure: Blackstone plans to […]