One-Page Deal Sheet
Kinder Morgan Acquires El Paso Corporation
Kinder Morgan, Inc. El Paso Corp.
Announced Date
October 16,2011
Close Date
May 24,2012
Transaction Type
Corporate
Transaction Details: Subscribe to see
Kinder Morgan, Inc. completed the acquisition of El Paso Corporation. The agreement announced in October 2011, is effective from today. The deal is valued at $38 billion, including the $17 billion outstanding debt of El Paso and its subsidiaries. The El Paso assets would give a boost to Kinder Morgan standing as a major midstream operator in the U.S.
The acquisition was finally completed after getting past a number of regulatory hurdles and fulfillment of conditions laid out for the merger process. Kinder Morgan in order to obtain the Federal Trade Commission approval promised to divest…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-11-2020 |
-  |
- |
Click here | Texas | Midstream |
| Nov-02-2020 |
- |
- |
Click here | Texas | Midstream |
| Nov-08-2019 |
- |
- |
Click here | Texas | Midstream |
| Mar-20-2019 |
- |
- |
Click here | Texas | Midstream |
| Aug-09-2018 |
- |
- |
Click here | Texas | Midstream |