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GIP swoops on rest of Chesapeake midstream portfolio
11 June 2012
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Global Infrastructure Partners has agreed to pay $4 billion to buy Cheapeake Energy's midstream assets. The agreement comes as Chesapeake struggles to manage the impact of falling natural gas prices and questions about its corporate governance. The sale is set to close by 29 June.
The agreement covers Chesapeake's general partner interest in Chesapeake...
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