terranets bw to merge with Gas-Union Transport in a $70m deal.

terranets bw, an independent transport network operator for gas, agreed to merge with Gas-Union Transport, a subsidiary of Gas-Union in a $70m deal. "With the acquisition we are realizing a strategic growth opportunity. The structure and supply tasks of the two networks complement each other perfectly and offer diverse opportunities," Katrin Flinspach, terranets bw Managing Director.