News

Brookfield to Buy Colonial Pipeline Owner in $9 Billion Deal
A group of investors led by Brookfield Infrastructure Partners LP agreed to acquire Colonial Enterprises Inc. in a deal that ...
Brookfield to buy Colonial Pipeline for about $9 billion, including debt
Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued ...
bne IntelliNews on MSN3d
Brookfield to buy Colonial Pipeline for $9bn
By bne IntelliNews Brookfield Infrastructure Partners said on April 3 that it had struck a deal, alongside its institutional partners, to acquire 100% of the midstream asset portfolio Colonial ...
$9 billion deal in works for control of nation’s largest fuel pipeline
A $9 billion deal for control of the largest fuel pipeline in the U.S. - a portion of which stretches through Alabama - is ...
FERC suspends Colonial Pipeline's proposed gasoline shipment changes
The Federal Energy Regulatory Commission (FERC) on Wednesday suspended Colonial Pipeline's proposal to overhaul its gasoline ...
Exclusive-Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say
(Reuters) - Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S.
Brookfield Strikes $9 Billion Deal For Colonial Pipeline—Shell Offloads Minority Stake
Shell PLC sells 16.125% stake in Colonial Enterprises for $1.45B to Brookfield Infrastructure's subsidiary. BIP to acquire ...
This Top Dividend Stock's $9 Billion Acquisition Will Give It More Fuel to Grow Its High-Yielding Payout
That growing cash flow will give the company plenty of fuel to continue raising its dividend. It's targeting to increase its ...
US accused of ‘colonial shakedown’ as it ‘demands control’ from Ukraine of key pipeline carrying Russian gas
On 1 January, Ukraine cut off the supply of gas when its five-year contract with the Russian state energy company Gazprom ...
Metro Atlanta-based Colonial Enterprises, largest US fuel transporter, to be sold
The metro Atlanta-based owner of Colonial Pipeline is set to be sold. Alpharetta-based Colonial Enterprises, owner of ...
FERC suspends Colonial Pipeline's proposed changes to fuel shipping terms
The Federal Energy Regulatory Commission has issued an order suspending Colonial Pipeline's proposed changes to fuel shipping ...
Shell and other companies to sell Colonial Pipeline in $9 billion deal
CDPQ acquired its stake from Houston-based ConocoPhillips (NYSE: COP) for $850 million in 2012, according to Reuters. The Koch subsidiary, IFM Investors and KKR acquired their respective holdings in ...