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FTC approves sale of Heritage Propane Express to JP Energy Partners

By  |  June 3, 2012
FTC approves sale of Heritage Propane Express to JP Energy Partners

The Federal Trade Commission has approved Energy Transfer Partners’ application to sell their Heritage Propane Express business to JP Energy Partners. The sale was a condition of FTC approval for AmeriGas’s acquisition of Energy Transfer Partners’ propane assets. The FTC required the divestiture because it was concerned the transaction would otherwise raise prices of propane exchange cylinders. AmeriGas is the country’s largest propane distributor.

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    Full content: FTC Press Release

     

    Related content: An Overview of Transparency at the Federal Trade Commission: Generalities and Innovations in Merger Analysis (Malcolm B. Coate, Federal Trade Commission)

     

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