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Business

Mitsubishi to sell LNG Canada stake to Blackstone unit for $1.6-billion

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Monday, November 2, 2026 at 11:46 AM · 1 min read
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Mitsubishi to sell LNG Canada stake to Blackstone unit for $1.6-billion — Toronto Business news

Japanese trading house Mitsubishi Corp. said on Monday it will sell a 49.9-per-cent interest in a holding company that owns its stake in the LNG Canada project to funds managed by Blackstone Credit Insurance, a unit of Blackstone BX-N, for about US$1.6-billion.

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