Deal Roundup: Blackrock, KKR sell oil pipeline, Arjun makes UK co-investment

Blackrock and KKR have sold a 40% stake in ADNOC Oil Pipelines to Abu Dhabi government-backed investor Lunate. The sale of the onshore and offshore midstream crude oil pipeline infrastructure asset was made through Lunate’s Long Term Capital Fund, which aims to provide investors with attractive cash yields and long-term capital appreciation. The acquisition was …