American Midstream buys DCP Midstream assets

摘要

American Midstream Partners LP executed a purchase and sale agreement with a DCP Midstream LLC affiliate to acquire entities holding onshore gas processing and offshore gas gathering and transportation and oil garnering assets for about $ 115 million. The acquisition is expected to be funded through private placement of American Midstream common units, and to close in August subject to approval under the Hart-Scott-Rodino Act and other customary closing conditions.