Abu Dhabi Retirement Pensions and Benefits Fund Buys Stake in ADNOC Oil Pipelines

Posted on 04/15/2019


The Abu Dhabi Retirement Pensions and Benefits Fund inked a deal to acquire a 3% stake in ADNOC Oil Pipelines from the Abu Dhabi National Oil Company (ADNOC) for 1.1 billion AED (US$ 300 million). Abu Dhabi Retirement Pensions and Benefits Fund is joining other investors in the pipeline which include KKR and the BlackRock Inc.

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