Midstream - Pipelines | Deals - Acquisition, Mergers, Divestitures
ETP Considering Sale of 33% Rover Pipeline Stake
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Energy Transfer Partners is mulling the sale of its 33% stake in the Rover Pipeline, according to a report by Bloomberg.
The company has tapped an advisor to aid in the potential sale, which could fetch up to $2.5 billion. The Rover Pipeline serves operators in the Appalachian Basin, home to the Marcellus and Utica plays.
We will report any further developments on this as they are announced.
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