Oil & Gas Journal1h
Shell, partners sell Colonial Enterprises midstream assets to Brookfield subsidiary
Brookfield Infrastructure Partners has agreed to acquire Colonial Enterprises Inc., a midstream asset portfolio including Colonial Pipeline, for an enterprise value of about ...
Brookfield Strikes $9 Billion Deal For Colonial Pipeline—Shell Offloads Minority Stake
Shell PLC sells 16.125% stake in Colonial Enterprises for $1.45B to Brookfield Infrastructure's subsidiary. BIP to acquire ...
Brookfield Buys Oil-Pipeline Firm Colonial Enterprises for $9 Billion
Brookfield Asset Management through its infrastructure business will buy Colonial Enterprises in a deal that gives the refined-oil products pipeline firm a roughly $9 billion enterprise value.
MT Newswires on MSN4h
Brookfield Infrastructure to Buy Colonial Pipeline Operator in $9 Billion Deal
Brookfield Infrastructure (BIP) agreed to acquire all assets of pipeline operator Colonial Enterprises from a group of five owners, including Shell (SHEL), in a deal worth roughly $9 billion. Colonial ...