Williston Basin

Dallas’ Energy Transfer Acquires Crestwood Equity Partners for $7.1B

by | Aug 17, 2023

Dallas-based Energy Transfer LP has agreed to acquire Houston-based Crestwood Equity Partners in an all-equity transaction valued at roughly $7.1 billion.

Included in the deal is the assumption of $3.3 billion of debt, based on the closing price on Aug. 15, Energy Transfer said. The deal is expected to close in the fourth quarter....

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