BlackRock, KKR plan $4 billion-$5 billion investment in ADNOC pipeline unit - FT
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(Reuters) - U.S. investment firms BlackRock Inc and KKR & Co Inc are in advanced talks to take a $4 billion to $5 billion (3.06-3.83 billion pounds)stake in Abu Dhabi National Oil Co's (ADNOC) pipeline network, the Financial Times reported on Tuesday.The deal could be signed as early as next week, the newspaper reported, citing people briefed on the matter. State-owned ADNOC was looking to sell a stake in its multibillion-dollar pipeline infrastructure assets, Reuters had reported in early..