Stonepeak Boosts Gas Portfolio with $6.2 Billion Teekay LNG Acquisition

Transaction Type
Announce Date
Post Date
Estimated Price

To acquire all the issued and outstanding common units in Teekay LNG, one of the world’s largest independent owners and operators of LNG carriers, for $17 per unit, representing an enterprise value of $6.2 B; excluding Teekay debt, the transaction is valued at roughly $1.5 B. (Expected to close year-end 2021.