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Dominion Resources, Questar Corporation to combine

Monday, 1 Feb 2016 07:00am EST

Dominion Resources Inc:Says the company and Questar Corp announced an agreement for the companies to combine, in an all-cash transaction in which Dominion has agreed to pay Questar shareholders $25 per share - about $4.4 billion and assume Questar's outstanding debt.Transaction would be accretive to Dominion upon closing - expected by year-end 2016.Intends to finance the transaction in a manner that supports the company's existing credit ratings targets, using equity, mandatory convertibles and debt at Dominion.Upon transaction closing, Questar shareholders will receive $25 in cash for each share of Questar common stock.

Grandblue Environment subsidiary to acquire assets

Tuesday, 26 Jan 2016 07:00pm EST

Grandblue Environment Co., Ltd:Foshan-based water affairs company to buy living water supply pipe network assets for 22,522,200 yuan, from Foshan-based water supply company.

EnLink Midstream Partners completes acquisition of Tall Oak Midstream

Thursday, 7 Jan 2016 04:07pm EST

EnLink Midstream Partners LP:Announced that a subsidiary of the Partnership and the General Partner completed its previously announced acquisition of certain subsidiaries of Tall Oak Midstream, LLC for $1.55 billion, subject to certain adjustments.

EnLink Midstream Agrees to Acquire Tall Oak Midstream

Monday, 7 Dec 2015 06:04am EST

EnLink Midstream Partners LP:Says Subsidiary of the Partnership and the General Partner signed definitive agreements to acquire subsidiaries of Tall Oak Midstream, LLC for $1.55 billion.Agrees to acquire tall oak midstream.Says deal to be accretive to enlink's distributable cash flow and allow EnLink to continue growing distributions.About 84 percent of combined acquisition to be acquired by partnership and remainder to be acquired by general partner.The purchase price will be paid in installments, with the first installment of $1.05 billion paid at closing.The final installment of $500 million paid no later than the first anniversary of the closing date.About 84 percent of combined acquisition will be acquired by partnership and remainder will be acquired by the general partner.Partnership plans to fund first installment of price through issuance of $750 ln of convertible preferred units to tpg.

Targa Resources Corp announces agreement to acquire Targa Resources Partners LP

Tuesday, 3 Nov 2015 07:05am EST

Targa Resources Corp:Announces agreement to acquire Targa Resources Partners LP.Says trp unitholders to receive 0.62 shares of trc per unit in all equity transaction.Says deal immediately accretive to trc shareholders.All of outstanding common units of trp will be owned by trc and will no longer be publicly traded.Following deal, trc expects dividend growth of 15% for 2016 and greater than 10% compound annual dividend growth through 2018.Says no additional financing is required for the transaction.Co will acquire all units of the partnership not already owned in an all stock-for-unit transaction.


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