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Mitsubishi to buy US shale gas assets in $7.53 billion deal

By LNG Prime Staff
Mitsubishi to buy US shale gas assets in $7.53 billion deal
Image: Mitsubishi Corporation

Mitsubishi said in a statement on Friday that it agreed to acquire all equity interests in Aethon III LLC, Aethon United LP, and related entities and interests. The Japanese firm reached an agreement with Aethon Energy Management and Aethon’s existing stakeholders, including Ontario Teachers’ Pension Plan, RedBird Capital Partners, for a total equity investment of…

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