Mitsubishi Corp, in negotiations to get $ 8 billion, says, Source


(Reuters) -Mitsubishi Corp., Aethon energy management of the US Shield’s production and pipeline assets, a person who is familiar with Monday, he said.

One agreement was a substantial natural gas operation on the development of a natural gas operation adjacent to the US Gulf Coast and the development of energy exports developed throughout it.

Negotiations between Mitsubishi and Aethon continue, talked about anonymity conditions to agree on an operation and discuss secret disputes.

Assets are also included in a power-oriented investment firm Aethon, companion money managers Redbird Capital Partners and Canadian Ontario Teachers Retirement Plan.

Mitsubishi, Aethon, Redbird and Ontario refused to comment on the retirement plan.

Shares in Mitsubishi are the lowest in Tokyo in Tokyo in early Tokyo in Tokyo, from 0.3% to 2880 again, more than 0.3%, more than 0.3% increase in the larger 225 index of Benchmark.

Mitsubishi, with full value chain – is the main player in the Global LNG sector, which is up to the trade, marketing and logistics. In more than one LNG projects in the world, Malaysia, Oman, Australia, Russia, USA and Canada, in the United States and Canada, about 13 million metric tons in total capital

First of all, Aetho’s above assets, which focus on the occurrence of Haynesville and Eastern Texas in East Texas, are one of the largest US gas producers.

Reuters examined the options for operations covered by 1400 miles (2250 km) pipelines along Aethon, Haynesville and Wyoming in November.

Bloomberg news talks between Mitsubishi and Aethon, Mitsubishi and Aethon on Monday, explained people who got acquainted with the issue.

(David French report in New York; Additional report by Yukio Obayashi in Tokyo; amended by Alison Williams and Muralikumar Anantharaman)



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