Stonepeak Is Said to Be in Exclusive Talks to Buy Out Yinson (1)

Stonepeak Partners is in exclusive talks for a buyout of Yinson Holdings Bhd. that may value the firm at as much as 9 billion ringgit ($2.1 billion), according to people with knowledge of the matter, in what could be one of the biggest deals in Malaysia this year.

New York-based Stonepeak is teaming up with the Lim family, Yinson’s founder and biggest shareholder, to take the Kuala-Lumpur-listed energy infrastructure company private, said the people, asking not to be identified because the discussions aren’t public. The Lim family owned 26.6%of Yinson as of May 30.

Considerations are ongoing and there ...