Energy Transfer Partners Lp Merger

On october 19 2018 energy transfer equity ete and energy transfer partners etp closed on their previously announced merger in which ete acquired etp.

Energy transfer partners lp merger.

The merged entity retained the name. Energy transfer partners l p. Etp is a master limited partnership owning and operating one of the largest and most diversified portfolios of energy assets in the united states. Ete and energy transfer partners l p.

Energy transfer partners has acquired 2 companies of its own including 2 in the last 5 years. Energy transfer partnersetp recently announced that the majority of its unitholders have voted in favor of its proposed merger with sunoco logistics partners. Et owns and operates one of the largest and most diversified portfolios of energy assets in the united states with a strategic footprint in all of the major domestic. Energy transfer lp nyse.

Ete and energy transfer partners l p. Energy transfer partners lp said april 30 it completed the merger of its subsidiary with regency energy partners lp the merger was a unit for unit transaction and a one time cash payment to regency unitholders that combined imply a value for regency of about 18 billion including assumption of net debt and other liabilities of 6 8 billion. Energy transfer equity l p. Upon closing of the merger ete changed its name to energy transfer lp and applied to list its common units on the nyse under.

19 2018 energy transfer equity l p. Upon closing of the merger ete changed its name to energy transfer lp and applied to list its common units on the nyse under the ticker symbol et in addition etp changed its name to energy transfer operating l p. Energy transfer partners largest acquisition to date was in 2015 when it acquired regency energy partners for 18m it s largest disclosed sale occurred in 2018 when it sold energy transfer partners. Etp today announced the completion of their previously announced merger of ete with etp at the effective time of the merger each etp common unit converted into the right to.

Energy transfer equity and energy transfer partners merger. Etp today announced the completion of their previously announced merger of. A total of 2 acquisitions came from private equity firms it has also divested 1 asset. Etp currently owns and operates approximately 35 000 miles of natural gas and natural gas liquids pipelines.

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