Brief: Enterprise To Acquire Piñon Midstream For $950 Million
Aug 21 (Reuters) - Enterprise Products Partners LP
EPD.N :
* ENTERPRISE TO ACQUIRE PIÑON MIDSTREAM
* ENTERPRISE PRODUCTS PARTNERS LP - TO ACQUIRE PIÑON
MIDSTREAM FOR
$950 MILLION
* ENTERPRISE PRODUCTS PARTNERS LP - TRANSACTION FUNDED USING
CASH
AND BORROWINGS
* ENTERPRISE PRODUCTS PARTNERS: DEAL TO GENERATE
DISTRIBUTABLE
CASH FLOW ACCRETION OF $0.03/UNIT IN 2025
Source text for Eikon: ID:nBw5sTX4Sa
Further company coverage: EPD.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Enterprise Products Partners L.P
See all newsUS RESEARCH ROUNDUP-BlackRock, Evercore, Goldman Sachs
U.S. STOCKS ON THE MOVE-Greenland Mines, GameStop, Shopify
Capital One initiates coverage on US midstream companies, sees favorable tailwinds
Targa Resources names insider Branstetter CFO in executive reshuffle
Enterprise Products Q2 revenue beats estimates on record pipeline, terminal volumes