BRIEF-Phillips 66 Partners announces $2.4 billion acquisition [Reuters]
Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP)
Last phillips 66 partners lp common units representing limited partner interest in the partnership earnings: 5/1 07:20 am
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Source: Reuters
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
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