Cheniere Energy agrees merger with Cheniere Energy Partners

Cheniere Energy and Cheniere Energy Partners have reached a definitive merger agreement under which Cheniere Energy will acquire all of the publicly-held shares of Cheniere Partners Holdings not already owned by Cheniere.

The agreement will see Cheniere Partners Holdings’ shareholders receive a fixed exchange ratio of 0.4750 Cheniere shares for each outstanding publicly-held share.

The transaction is valued at $30.93 per common share of Cheniere Partners Holdings based on the closing price of the company’s shares as of June 18, 2018.

The conflicts committee of the board of directors of Cheniere Partners Holdings negotiated the transaction on behalf of Cheniere Partners Holdings and its public shareholders. The transaction was unanimously approved by the boards of directors of both Cheniere Partners Holdings and Cheniere.

The transaction is expected to close by the end of third quarter 2018, subject to customary closing conditions. Upon consummation of the transaction, Cheniere Partners Holdings will merge with a wholly owned subsidiary of Cheniere.

For more information, visit: www.cheniere.com

18th July 2018