UAE’s ADNOC seals $4bn pipeline infrastructure deal with KKR, BlackRock – Gulf Business

Abu Dhabi National Oil Company (ADNOC) has sealed a $4bn midstream pipeline infrastructure deal with U.S. investment firms KKR and BlackRock, the government-owned company said on Sunday. ADNOC has been expanding through strategic partnerships since 2017. Last month it won a combined $5.8bn investment from Italy’s Eni and Austria’s OMV for a stake in its refining business to establish a new trading operation owned by the three partners. Source: UAE’s ADNOC seals $4bn pipeline infrastructure

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London bankers will need ‘chaperones’ for EU clients under no-deal Brexit – sources | ZAWYA MENA Edition

LONDON – Investment banks have warned M&A teams in Britain they cannot pitch business to clients in the European Union if there is a no-deal Brexit without an EU “chaperone” sitting in on their meeting, sources familiar with the matter told Reuters. Source: London bankers will need ‘chaperones’ for EU clients under no-deal Brexit – sources | ZAWYA MENA Edition

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