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Mitsubishi to sell down LNG Canada stake to Blackstone funds for $1.6 billion

TOKYO, Nov 2: 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, for about $1. 6 billion. The holding company owns a 15 per cent s

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