BRIEF-Enterprise To Acquire Piñon Midstream For $950 Million-March 2024-www.financetom.com

BRIEF-Enterprise To Acquire Piñon Midstream For $950 Million

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BRIEF-Enterprise To Acquire Piñon Midstream For $950 Million

Aug 21, 2024 4:54 AM

Aug 21 (Reuters) - Enterprise Products Partners LP ( EPD )

* ENTERPRISE TO ACQUIRE PIÑON MIDSTREAM

* ENTERPRISE PRODUCTS PARTNERS LP ( EPD ) - TO ACQUIRE PIÑON

MIDSTREAM FOR

$950 MILLION

* ENTERPRISE PRODUCTS PARTNERS LP ( EPD ) - TRANSACTION FUNDED USING

CASH

AND BORROWINGS

* ENTERPRISE PRODUCTS PARTNERS ( EPD ): DEAL TO GENERATE

DISTRIBUTABLE

CASH FLOW ACCRETION OF $0.03/UNIT IN 2025

Source text for Eikon:

Further company coverage:

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