CKI Said to Drop Bid for National Grid's £2 Billion LNG Terminal
The Hong Kong-based company was in the process of negotiating final terms of a deal for National Grid Plc 's Grain LNG facility and an agreement was expected in the coming days, Bloomberg News reported last week. CKI was competing with a consortium led by Ontario Municipal Employees Retirement System and about 20 parties initially expressed interest in the asset.
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