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AltaGas Ltd Acquires 25% Strategic Interest In Petrogas Energy Corp.

Thursday, 12 Sep 2013 10:50pm EDT 

AltaGas Ltd announced that it has entered into an agreement (the Purchase Agreement) to acquire a 25% strategic interest in Petrogas Energy Corp. (Petrogas), a privately held North American integrated midstream company, for approximately 2.8 million shares of AltaGas Ltd. priced at $35.69, the 20-day volume weighted average price, and cash (the Acquisition). The Acquisition is expected to close on October 1, 2013. 

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0.73 +2.08%
11:03am EDT