Announced
Completed
PHILLIPS 66 SWEENY FRAC LLC / PHILLIPS 66 PARTNERS LP / PHILLIPS 66 COMPANY / Minority / Acquisition / Private / £163m
Financials
Transaction Value£40m
Consideration Type-
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
storage services
oil services
Oil Equipment and Services
storage facilities
infrastructure
natural gas
Gas Distribution
Private
Acquisition
Minority
Completed
Friendly
United States
Private Equity
Synopsis
Sale by Phillips 66 Company of a 25% stake in Phillips 66 Sweeny Frac, an operator of a natural gas liquids fractionator and storage facility, to Phillips 66 Partners.
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