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BRIEF-Phillips 66 Partners announces $2.4 billion acquisition [Reuters]

PHILLIPS 66 PARTNERS LP (PSXP)  More Company Research Source: Reuters
Last phillips 66 partners lp earnings: 4/27 07:00 am Check Earnings Report
US:NYSE Investor Relations: phillips66partners.com
PDF BRIEF-Phillips 66 Partners announces $2.4 billion acquisition | Reuters Reuters Staff 2 Min Read Sept 22 (Reuters) - Phillips 66 Partners LP * Phillips 66 Partners announces $2.4 billion acquisition * Phillips 66 Partners LP - ?deal expected to be immediately accretive to unitholders * Phillips 66 Partners LP - deal consists of ?consideration of $1.7 billion consisting of cash, debt and partnership units * Phillips 66 Partners LP - ?consideration for acquisition is $1.7 billion * Phillips 66 Partners - ?total deal value includes $625 million in proportional non-consolidated, non-recourse Bakken pipeline debt and $100 million of MSLP debt * Phillips 66 Partners LP - ?acquisition is expected to be immediately accretive to partnership and its unitholders * Phillips 66 Partners - ? reached deal with Phillips 66 to acquire its 25 percent interest in each of Dakota Access, Energy Transfer Crude Oil Company * Phillips 66 Partners LP - ?partnership will also issue $240 million in new PSXP uni [Read more]

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