Energy Transfer LP, a Dallas-based midstream energy company, will acquire Lotus Midstream Operations LLC, based in Sugar Land, for $1.45 billion in a deal that includes $900 million in cash and approximately 44.5 million newly issued Energy Transfer common units. The acquisition will add Centurion Pipeline Company LLC, an integrated, crude midstream platform in the Permian Basin, to Energy Transfer's portfolio.
Dallas-based Comerica Bank is bolstering its Small Business Banking segment with the appointment of three regional directors and announced the debut of several digital solutions throughout the year, focusing on payments and access to convenient capital....