One-Page Deal Sheet
Regency Energy Partners Acquires Southern Union Company Subsidiary
Regency Energy Partners Lp Southern Union Company
Announced Date
February 27,2013
Close Date
February 27,2013
Transaction Type
Corporate
Location
Region
North America
Country
United States
State
Texas
Transaction Details: Subscribe to see
Regency Energy Partners LP today announced it will acquire Southern Union Gathering Company, LLC, the owner of Southern Union Gas Services, Ltd. (SUGS), from Southern Union Company, a jointly owned affiliate of Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. The $1.5 billion acquisition will significantly expand Regency’s presence in one of the most productive oil and liquids-rich basins in North America, the Permian Basin. The acquisition is expected to close in the second quarter of 2013, subject to approval under the Hart-Scott-Rodino Antitrust Improvements Act and other…
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