Brief: Targa Resources Corp. To Acquire Permian Basin Gathering & Processing System For $1.25 Billion
01/12/2025 12:59
Dec 1 (Reuters) - Targa Resources Corp TRGP.N: TARGA RESOURCES CORP. TO ACQUIRE PERMIAN BASIN GATHERING & PROCESSING SYSTEM FOR $1.25 BILLION TARGA RESOURCES CORP - EXPECTS TO FUND ACQUISITION WITH CASH AND $3.5 BILLION CREDIT FACILITY TARGA RESOURCES CORP - STAKEHOLDER EXPECTED TO GENERATE $200 MILLION ANNUALLY IN ADJUSTED FREE CASH FLOW Source text: ID:nGNX3VLqXl Further company coverage: TRGP.N ((Reuters.Briefs@thomsonreuters.com;))
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