BlackRock’s Global Energy & Power Infrastructure Backs GasLog
GasLog Ltd. has entered into an agreement and plan of merger with
BlackRock’s global energy and power infrastructure team, which is focused on essential, long-term infrastructure investments in the energy and power sector. Under the merger agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog, including
Blenheim Holdings Ltd., which is wholly owned by the
Livanos family, and a wholly owned affiliate of the
Onassis Foundation, in exchange for $5.80 in cash per common share. The members of the board unanimously approved the merger agreement and transaction.