A PYMNTS Company

US: Houston energy companies close on multibillion-dollar acquisitions

By  |  February 15, 2015

The two largest oil and gas midstream companies in the United States each closed a major deal Friday. One was the $3 billion acquisition of pipeline, gathering and processing company Hiland Partners, Kinder Morgan.

The second deal that closed was the acquisition of Oiltanking Partners L.P. by an affiliate of Enterprise Products Partners in a two-step transaction valued at around $5.9 billion which was completed Friday.

Full Content: Houston Business Journal

 

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