BlackRock mulls selling stake in Saudi Aramco gas pipelines, Bloomberg News reports
ReutersJul 3, 2025 10:06 AM
July 3 (Reuters) - Asset manager BlackRock Inc BLK.N is in talks with Saudi Aramco 2222.SE to divest its stake in the leasing rights of a natural gas pipeline network back to the state oil major, Bloomberg News reported on Thursday, citing people familiar with the matter.
The stake, which BlackRock acquired in 2021, is likely to be worth billions of dollars, according to the report.
Reuters could not immediately confirm the report.
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