AI Summary

Blackstone funds and a group of Canadian institutional investors have agreed to purchase a 49.9% non‑controlling interest in a Mitsubishi Corporation unit that holds the Japanese firm’s 15% stake in the LNG Canada export project. The transaction totals $3.1 billion and was announced on Monday. The purchase gives the investors a near‑half share of the Mitsubishi‑held portion of LNG Canada, while the original owners retain control of the project.

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