| From Bloomberg: National Pension Service, South Korea’s biggest state fund, has bought Chevron Corp.’s stake in Colonial Pipeline Co. in partnership with Kohlberg Kravis Roberts & Co. to diversify its investment portfolio.
The South Korean fund has purchased a 23.44 percent stake in the operator of the largest pipeline linking U.S. Gulf Coast refiners and East Coast markets, National Pension said in an e- mailed statement today, without disclosing the transaction value..............................................Full Article: Source
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