Shipowner GasLog plans to merge with BlackRock’s Global Energy & Power Infrastructure team (GEPIF) in a deal that will see it delist from the New York Stock Exchange.
GasLog said GEPIF, which is focused on long-term infrastructure investments in the energy and power sector, will acquire all of the outstanding common shares of GasLog that are not held by the Livanos family’s Blenheim Holdings and a wholly-owned affiliate of the Onassis Foundation.
