Gas & LNG
PAG Said to Sell AirPower’s Gas Business for $6.8 Billion
PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium in a deal valued at $6.8 billion, people familiar with the matter said.
Germany Raises Gas Storage Levy Amid Political Standstill
Germany’s natural-gas market manager said it will raise a storage fee that may make it more expensive for central European countries to obtain fuel unless parliament passes a law in time to scrap it.
Elliott Reports Stake in Tokyo Gas as Activists Target Japan
Elliott Investment Management reported a major stake in Tokyo Gas Co, the latest example of activist investors trying to unlock hidden value in Japanese firms.
