One-Page Deal Sheet
Enterprise, Oiltanking Partners Seal $6.0 Billion Merger Deal
Enterprise Products Partners LP Oiltanking Partners Lp
Announced Date
November 12,2014
Close Date
February 13,2015
Transaction Type
Corporate
Location
Country
United States
Transaction Details: Subscribe to see
Closing Announcement - February 13, 2015
Enterprise Products Partners L.P. and Oiltanking Partners, L.P. announced the completion of the merger of Oiltanking Partners with a subsidiary of Enterprise after Oiltanking Partners unitholders approved the merger during a unitholder meeting held today in Houston.
Approximately 99.87 percent of the Oiltanking Partners common units that voted were cast in favor of the merger, including 54,799,604 (approximately 66 percent of the outstanding Oiltanking Partners common units) owned by Enterprise Products Operating LLC, a wholly owned subsidiary of…
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