March 14, 2019 / 11:13 AM / in 12 days

Equitrans Midstream's unit to buy pipeline assets for $1.03 bln

March 14 (Reuters) - Equitrans Midstream Corp said on Thursday its unit will buy a stake in two pipeline systems in Ohio and West Virginia from a fund managed by Morgan Stanley, in a deal worth $1.03 billion.

The unit, EQM Midstream Partners LP, will buy a 60 percent stake in Eureka Midstream Holdings LLC and whole of Hornet Midstream Holdings LLC.

Reporting by Shanti S Nair in Bengaluru; Editing by Shinjini Ganguli

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