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Stonepeak and Lim Family Weigh Yinson Privatization Exit

Bloomberg Markets •
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The founding Lim family and Stonepeak Partners are weighing whether to scrap their plan to take Yinson Holdings Bhd. private. Sources familiar with the matter indicate a final decision on the bid is expected soon, ending months of preparation for the buyout of the energy infrastructure firm.

This potential withdrawal follows a year of planning to launch an offer worth 8 billion ringgit, or roughly $2 billion. The Kuala Lumpur-listed company has been the target of this concerted effort by its founders and the private equity firm to remove it from the public market.

Investors now face uncertainty regarding the ownership structure of the energy provider. If the group pulls out, Yinson remains a public entity on the Malaysian exchange. The deal's collapse would mark a significant reversal for the Lim family and their financial partners.