Announced
Completed
Financials
Tags
Friendly
pipelines
Integrated Oil and Gas
United States
Public
Acquisition
Single Bidder
Majority
Domestic
Completed
Synopsis
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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