Blackstone Group LP’s share price up, in talks with Shell over a $1.2bn shale gas acquisition
August 11, 2014 8:58 am
According to a person with knowledge of the process, Blackstone Group LP is in advanced negotiations with Royal Dutch Shell Plc over the acquisition of the latters 50% stake in a shale-gas field located in Louisiana. The unnamed source revealed that the discussed price is about $1.2 billion. The talks are still continuing, and the […] Read more