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Elliott Eyes Bet on Pipeline Carrying Russian Gas

Elliott Eyes Bet on Pipeline Carrying Russian Gas

Elliott Investment Management is in talks to buy a stake in a package of infrastructure assets, including a pipeline that carries Russian natural gas to Europe—a deal that could form a template for reviving Moscow's once-mighty energy business by involving American investors.
The U.S. hedge fund, headed by billionaire founder Paul Singer, is considering a stake in the Bulgarian extension of the TurkStream pipeline, along with access to a network of data centers, data cables and other infrastructure assets, according to people familiar with the matter.
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Why Gorman-Rupp (GRC) Stock Is Up Today
Why Gorman-Rupp (GRC) Stock Is Up Today

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Why Gorman-Rupp (GRC) Stock Is Up Today

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EU's Von der Leyen to Meet Trump in Bid to Clinch Trade Deal
EU's Von der Leyen to Meet Trump in Bid to Clinch Trade Deal

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EU's Von der Leyen to Meet Trump in Bid to Clinch Trade Deal

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Breakthrough as Bayern Munich prepare IRRESISTIBLE offer for Luis Diaz
Breakthrough as Bayern Munich prepare IRRESISTIBLE offer for Luis Diaz

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Breakthrough as Bayern Munich prepare IRRESISTIBLE offer for Luis Diaz

Liverpool's record-breaking transfer window shows no signs of slowing down. Having already added Florian Wirtz, Hugo Ekitike, Milos Kerkez, Jeremie Frimpong and Giorgi Mamardashvili - the Reds are pressing on with a bid for Alexander Isak. Richard Hughes has already overseen around £265m worth of spending - with more to come not only on Isak but perhaps a centre-back too. LFC x New Era Shop Now LFC Signed Merch Shop Now LFC x Titleist Shop Now To finance any further spending, it's likely that sales will be required. Liverpool have got the likes of Federico Chiesa, Ben Doak, Harvey Elliott and Tyler Morton potentially available for transfer this summer. But the two heavyweight departures who could go a long way towards guaranteeing Isak's arrival are Darwin Nunez and Luis Diaz. Bayern ready to sweeten Diaz deal Nunez, 26, has got interest from Saudi Arabia and could be on his way if Liverpool receive around £70m. Bayern Munich, meanwhile are the frontrunners for Diaz - with Liverpool thought to be holding out for €80m for their Colombian winger. The Bavarians have been reluctant to go that high - with the latest reports from BILD indicating that a deal reaching €75m could be sanctioned. However there is a crucial TWIST in Bayern's latest offer - according to the same source. In order to make up the shortfall, Bayern are now willing to insert a Saudi sell-on clause. Diaz is attracting interest from Al-Nassr this summer but would probably prefer to remain in Europe at this stage of his career. But should the 28-year-old opt to pursue a deal in the Saudi Pro League a little further down the line then Liverpool will be there to cash in. Bayern propose "Saudi sell-on" to Liverpool 'SPORT BILD learned: Before Liverpool FC left for their trip to Asia on Sunday, Diaz's agent Raúl Costa was in Liverpool for several days to negotiate and sound out the possibilities of a deal,' a report reads. 'Bayern Munich aren't willing to go as high as €80 million for a transfer fee. Internally, a threshold has been set for Díaz's transfer fee and salary. The transfer fee is expected to be around €75 million. 'However, various models are being discussed. One is to include a sell-on clause in Díaz's contract with Liverpool. 'This means that if he is sold to Saudi Arabia in, say, three years (Diaz is to receive a four-year contract), Liverpool can participate. The fact is: Bayern are very optimistic that the deal can be completed in the next 7 to 10 days!' And so we enter a crucial period for Diaz's future. If Bayern can get this deal over the line - it will add a crucial €75m to the mix for Isak. And then, if and when Diaz heads off to Saudi Arabia, the club will cash in again.

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