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home / news releases / GLOP - GasLog to go private; BlackRock buys for $5.80/share


GLOP - GasLog to go private; BlackRock buys for $5.80/share

GasLog Ltd. (GLOG) +25.1% pre-market after BlackRock's (BLK) Global Energy & Power Infrastructure team agrees to acquire the company for $5.80/share.The price represents a 17% premium to GasLog's Feb. 19 closing price and a 22% premium to GasLog's volume weighted average share price over the last 30 days.GasLog's preference shares as well as GasLog Partners' (GLOP) common and preference units are not affected.GasLog also reports better than forecast Q4 earnings and revenues.

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GasLog to go private; BlackRock buys for $5.80/share
Stock Information

Company Name: GasLog Partners LP representing limited partnership interests
Stock Symbol: GLOP
Market: NYSE
Website: gaslogmlp.com

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