Williams Partners LP (WPZ.N)
Pipeline operators Enbridge Inc , Williams Cos and Cheniere Energy Inc said on Thursday they would restructure after a U.S. rule change removed a key tax benefit for publicly traded partnerships controlled by those companies.
* WILLIAMS PARTNERS LP - UPON TERMINATION OF DEAL UNDER SOME CONDITIONS, THE WILLIAMS COMPANIES MAY BE REQUIRED TO EITHER PAY CO A FEE OF UPTO $410 MILLION
May 17 Pipeline operator Williams Cos said on Thursday it would buy the remaining 26 percent stake that it does not already own in its master limited partnership, William Partners LP, for $10.5 billion. Williams would give 1.494 of its shares for each share of Williams Partners, with the offer representing a premium of 6.4 percent based on Wednesday's closing price.
Pipeline operator Williams Cos said on Thursday it will buy all outstanding shares of its master limited partnership William Partners LP for $10.5 billion.
May 17 Pipeline operator Williams Cos said on Thursday it will buy all outstanding shares of its master limited partnership William Partners LP for $10.5 billion.
* WILLIAMS ANNOUNCES AGREEMENT TO ACQUIRE ALL PUBLIC EQUITY OF WILLIAMS PARTNERS L.P.
* TRANSCONTINENTAL GAS PIPE LINE - $400 MILLION IN SENIOR NOTES DUE 2028 WERE PRICED WITH 4.000 PERCENT COUPON & AT OFFERING PRICE OF 99.446 PERCENT OF PAR
* WILLIAMS PARTNERS-TO USE OFFERING'S PROCEEDS TO REPAY $750 MILLION 4.875% SENIOR NOTES DUE 2024 OR OTHER OF OUTSTANDING INDEBTEDNESS, AMONG OTHERS Source text for Eikon: Further company coverage:
* WILLIAMS PARTNERS LP FILES FOR STOCK SHELF OF UP TO $1.0 BILLION - SEC FILING Source: (http://bit.ly/2sPOVcF) Further company coverage:
|Enterprise Products Partners L.P. (EPD.N)||$28.10||+0.24|
|Enbridge Inc (ENB.TO)||$42.12||+0.54|
|Enbridge Inc (ENB_pa.TO)||$24.24||+0.12|
|Enbridge Inc (ENB_pb.TO)||$18.35||+0.11|
|Enbridge Inc (ENB_pd.TO)||$19.18||-0.01|
|Enbridge Inc (ENB_pf.TO)||$19.73||-0.03|
|Enbridge Inc (ENB_ph.TO)||$18.21||-0.05|
|Enbridge Inc (ENB_pu.TO)||$22.30||0.00|
|Energy Transfer LP (ETP.N)||$19.31||+0.73|
|EOG Resources Inc (EOG.N)||$119.10||+2.50|