U.S.- based EIG Global Energy Partners said on Friday a consortium it set up has finalized a deal to purchase 49% of Saudi oil maker Aramco’s pipelines business for $12.4 billion.
EIG said the co-investment deal pulled in a global group of financial investors from China, Saudi Arabia, Korea, the United Arab Emirates and the US.
It included Abu Dhabi’s Mubadala Investment Company, Silk Road Fund, Hassana and Samsung Asset Management, the company said.
