Shell USA to Acquire Midstream MLP in $1.96 Billion Buyout

Transaction Type
Basin
US Gulf Coast; US Midwest
Announce Date
Post Date
Estimated Price
$1,960.0MM
Description

To purchase all remaining interests in Shell Midstream Partners held by the public at $15.85 per public common unit in cash; currently owns roughly 68.5% of Shell Midstream Partner common units. (Expected to close 4Q 2022)