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New Deal


Announced

Completed

Shell USA completed the acquisition of Shell Midstream Partners for $1.96bn.

Financials

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Transaction Value£2,298m
Consideration TypeCash
Capital Owned61%
Capital Bid For39%
EV/Sales-
EV/EBITDA37.22x
Share Price Premium-
One Off Charge-

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Friendly

pipelines

Integrated Oil and Gas

United States

Public

Acquisition

Single Bidder

Majority

Domestic

Completed

Synopsis

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Shell USA, a firm that explores and produces energy products, completed the acquisition of Shell Midstream Partners, a firm that owns, operates, develops, and acquires pipelines and other midstream, and logistics assets, for $1.96bn. SHLX's units will no longer be listed on the New York Stock Exchange, and it will cease to be a publicly traded company.

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