Deals Rumor Mill: Total, Thai Life, Sumitomo

Law360, New York (June 25, 2013, 2:49 PM EDT) -- French energy major Total SA and San Francisco private equity firm Hellman & Friedman LLC are planning to unload their respective 30 percent stakes in Gaztransport & Technigaz SAS, a top supplier of hull linings for liquefied natural gas tankers, in an initial public offering, Reuters reported on Tuesday. The impending share listing could peg the company's value as high as $2.4 billion. The company holds a 70 percent share of the global market for hull-outfitting of LNG carriers. Primarily, the company caters to shipbuilders in...
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