A PYMNTS Company

US: Energy cos announce $1.5B transaction

By  |  February 28, 2013
US: Energy cos announce $1.5B transaction

A $1.5 billion transaction has been agreed upon by energy companies as Energy Transfer Partners, LP and Energy Transfer Equity, LP announced their affiliate will sell Southern Union Gathering Company, LLC to Regency Energy Partners LP. The deal is subject to antitrust regulatory review. A press release announced the deal is part of an effort for ETP and ETE to “optimize their asset portfolios.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: BusinessWire

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.