Riverstone Holdings Inks Nearly $2.7 Billion Tank Terminal Deal

Transaction Type
Basin
Multiple
Announce Date
Post Date
Estimated Price
$2,685.0MM
Description

To acquire New Orleans-based IMTT, which operates 19 bulk liquid storage terminals East, West and Gulf Coasts, as well as the Great Lakes region with total storage capacity of about 48 MMbbl. (Expected to close late 2020/early 2021)