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Stonepeak Partners lands Teekay LNG at $6.2B value

October 5, 2021

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Stonepeak Partners has acquired liquified natural gas company Teekay LNG Partners at an enterprise value of $6.2 billion. Stonepeak will pay $17 in cash per Teekay LNG share, representing an 8.3% premium to the company's closing price Oct. 1.

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