On February 2, 2016, after market close, AltaGas announced that its wholly owned subsidiaries, AltaGas Processing Partnership and AltaGas Holdings Inc., have entered an agreement with Tidewater Midstream and Infrastructure Ltd. (TWM) to divest AltaGas Northcentral Processing Limited Partnership, a limited partnership containing gas gathering and processing assets, for $30 mm and 43.7 million Tidewater common shares. The deal is expected to close within 1Q16, dependent on satisfaction of regular ....
02 Feb 2016
ALTAGAS LTD. (ALA) ANNOUNCED SALE OF NON-CORE GAS ASSETS
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ALTAGAS LTD. (ALA) ANNOUNCED SALE OF NON-CORE GAS ASSETS
AltaGas Ltd. (ALA:TSE) | 0 0 0.5% | Mkt Cap: 4,575m
- Published:
02 Feb 2016 -
Author:
Steven I. Paget -
Pages:
3
On February 2, 2016, after market close, AltaGas announced that its wholly owned subsidiaries, AltaGas Processing Partnership and AltaGas Holdings Inc., have entered an agreement with Tidewater Midstream and Infrastructure Ltd. (TWM) to divest AltaGas Northcentral Processing Limited Partnership, a limited partnership containing gas gathering and processing assets, for $30 mm and 43.7 million Tidewater common shares. The deal is expected to close within 1Q16, dependent on satisfaction of regular ....