Brief: DT Midstream Acquires Midwest Ferc-Regulated Natural Gas Pipelines for $1.2 Billion

DT Midstream

19/11/2024 21:51

Nov 19 (Reuters) - DT Midstream Inc  DTM.N :
    * DT MIDSTREAM ANNOUNCES $1.2 BILLION ACQUISITION OF
STRATEGIC
MIDWEST FERC-REGULATED NATURAL GAS PIPELINES
    * DT MIDSTREAM - TO ACQUIRE 100% OWNERSHIP IN GUARDIAN
PIPELINE,
MIDWESTERN GAS TRANSMISSION & VIKING GAS TRANSMISSION
    * DT MIDSTREAM INC: TRANSACTION WILL BE IMMEDIATELY
ACCRETIVE TO
DISTRIBUTABLE CASH FLOW
    * DT MIDSTREAM: EXPECTED TO INCREASE DT MIDSTREAM'S PIPELINE
SEGMENT TO ABOUT 70% OF ADJUSTED EBITDA IN 2025

Source text:  ID:nGNX36tGbs 
Further company coverage:  DTM.N 

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