ET Signs Definitive Merger Agreement To Acquire SemGroup for About $5-Bn

摘要

Dallas-Energy Transfer LP(ET)announced that it has entered into a definitive merger agreement to acquire SemGroup Corp.for a total consideration of approximately $5-billion.The acquisition will increase ET's scale across multiple regions and provide increased connectivity for its crude oil and natural gas liquids(NGL)transportation businesses.ET's crude oil and NGL infrastructure will be expanded with the addition of crude oil gathering assets in the DJ Basin in Colorado and the Anadarko Basin in Oklahoma and Kansas,as well as crude oil and NGL pipelines connecting the two basins with crude oil terminals in Cushing,Okla.