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Phillips 66 Partners to buy Phillips 66 assets in $2.4 bln deal
September 22, 2017 / 12:02 PM / in 2 months

Phillips 66 Partners to buy Phillips 66 assets in $2.4 bln deal

Sept 22 (Reuters) - Phillips 66 Partners LP said on Friday it would buy assets from refiner Phillips 66 in a deal valued at $2.4 billion, including debt.

Phillips 66 Partners said it would buy a 25 percent interest in each Dakota Access and Energy Transfer Crude Oil pipelines and a 100 percent interest in Merey Sweeny LP fuel-grade coke processing unit. (Reporting by John Benny; Editing by Sriraj Kalluvila)

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