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Shipping M&A image Shipping M&A » By The Online Investor Staff, updated Sun., Sep. 26, 9:01 PM Recent mergers and acquisitions in the Shipping M&A category.

Slide #2. Golar LNG Partners LP Ownership interests in the company that will own and operate the Golar Igloo

Acquirer: Golar LNG Partners LP (NASDAQ:GMLP)
Acquiree: Ownership interests in the company that will own and operate the Golar Igloo
Details: Golar LNG Partners LP (NASDAQ:GMLP) (the "Partnership") announced today that it has entered into an agreement to acquire the ownership interests in the company that will own and operate the Golar Igloo, a floating storage and regasification unit ("FSRU"), from Golar LNG Limited ("Golar") for an aggregate purchase price of $310.0 million. The Partnership will finance the purchase price in part by the assumption of outstanding bank debt in respect of the Golar Igloo on the closing date of the acquisition (which the Partnership estimates will be approximately $161.6 million). The Partnership expects to fund the remainder of the purchase price by issuing equity.

Golar LNG Partners is engaged in owning and operating floating storage regasification units, liquetied natural gas carriers and an interest in a floating liquefied natural gas.

Open the GMLP Page at The Online Investor »

Company Name: 
Golar LNG Partners LP
Stock buyback: 
GMLP buyback

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