Stonepeak Is Said in Exclusive Talks for Buyout of $2.1 Billion Yinson
Stonepeak Partners is in exclusive talks for a buyout of Yinson Holdings Bhd. that may value the firm at as much as 9 billion ringgit ($2.1 billion), according to people with knowledge of the matter, in what could be one of the biggest deals in Malaysia this year.
New York-based Stonepeak is teaming up with the Lim family, Yinson's founder and biggest shareholder, to take the Kuala-Lumpur-listed energy infrastructure company private, said the people, asking not to be identified because the discussions aren't public. The Lim family owned 26.6% of Yinson as of May 30.
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