For Free Headlines Submit Your Email
Wednesday, February 4, 2026 4:1 GMT
Kuwait Petroleum Corporation (KPC) is set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to US$7 billion, reported Reuters, citing three sources with knowledge of the matter. For the deal, it has hired HSBC alongside JPMorgan and Centerview Partners as advisers, the sources said. HSBC is also arranging 'staple financing' which the buyers can use to back their purchase, four sources said, while advisers have begun sounding out investors, three...More