business / news / / Reuters
The trio, among the world's largest asset management firms, are the remaining bidders in the auction process.
Apollo, Blackstone, and KKR are the final bidders for Shell's LNG Canada stake.
KEY POINTS
- Shell now plans to sell both LNG Canada project phases together to a single buyer.
- The potential deal could reach as high as $15 billion, higher than previously estimated.
- Bidders are leveraging their insurance capital divisions to finance their offers for LNG Canada.
COMPANIES
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