BRIEF-Gaslog Partners LP announces acquisition of Solaris from Gaslog Ltd for $185.9 million [Reuters]
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Source: Reuters
BRIEF-Gaslog Partners LP announces acquisition of Solaris from Gaslog Ltd for $185.9 million | Reuters Reuters Staff 1 Min Read Sept 15 (Reuters) - Gaslog Partners LP: * Gaslog Partners LP - Gaslog Partners LP announces acquisition of Solaris from Gaslog Ltd for $185.9 million * Gaslog Partners LP says the aggregate purchase price for the acquisition will be $185.9 million * Gaslog Partners LP - partnership believes that the acquisition will be immediately accretive to distributable cash flow per unit? * Gaslog Partners LP - expects to finance the acquisition with cash on hand and the assumption of $117 million of Solaris’ existing debt * Gaslog Partners LP-Co, Gaslog Ltd approved entering agreement for partnership to purchase from gaslog 100pct of shares in entity that owns solaris? * Gaslog Partners LP - Gaslog partners estimates that Solaris will add approximately $20 million to ebitda in the first 12 months after closing? * Gaslog Partners LP - acquisition will expand fleet to 12
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