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Toshiba sells its Freeport stakes to Total for $815mn
June 3, 2019
Source: World Oil

Toshiba sells its Freeport stakes to Total for $815mn

Toshiba Corp. will sell its over 20-year liquefaction rights at the Freeport LNG project to Total. The company will pay $815 million to the French major and is expecting that the deal will be finalized by March 2020. This acquisition is in line with Total's plan to become one of the world’s biggest LNG players in the future. Total presently is the second-largest private global LNG player.

   Read More About : Acquisitions DOWNSTREAM Japan LNG Total SA
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