Report
Stephen Ellis
EUR 100.00 For Business Accounts Only

Cheniere Energy Announces Merger Agreement With Cheniere Energy Partners LP Holdings

Cheniere Energy announced it has reached a merger agreement with Cheniere Energy Partners LP Holdings following its offer to acquire the remaining 8% of the latter in May. The final price of $30.93 was slightly above the original offer of $28.24, which isn't material enough to change our original conclusion that the deal is a sound one. Cheniere Energy Partners LP Holdings’ only asset is a 48.6% stake in Cheniere Energy Partners, and our fair value estimate for Cheniere Energy Partners is $36 pe...
Underlying
Cheniere Energy Partners L.P.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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