Cheniere Energy Partners LP HoldingsNYSEMKT
Fri, Sep. 30, 8:14 AM
- Cheniere Energy (NYSEMKT:LNG) submits a proposal to buy Cheniere Energy Partners LP Holdings (NYSEMKT:CQH) in an all-stock deal valued at ~$5.1B; LNG already owns 80,1% of CQH.
- LNG says the bid values CQH at $21.90/share, or a ~3% premium over yesterday's closing price.
- Under terms of the deal, LNG would pay 0.5049 of its shares for each outstanding share of CQH.