BRIEF-DT Midstream Acquires Midwest Ferc-Regulated Natural Gas Pipelines for $1.2 Billion

Reuters11-20 05:51
BRIEF-DT Midstream Acquires <a href="https://laohu8.com/S/MDWT">Midwest</a> Ferc-Regulated Natural Gas Pipelines for $1.2 Billion

Nov 19 (Reuters) - DT Midstream Inc DTM.N:

  • DT MIDSTREAM ANNOUNCES $1.2 BILLION ACQUISITION OF STRATEGIC MIDWEST FERC-REGULATED NATURAL GAS PIPELINES

  • DT MIDSTREAM - TO ACQUIRE 100% OWNERSHIP IN GUARDIAN PIPELINE, MIDWESTERN GAS TRANSMISSION & VIKING GAS TRANSMISSION

  • DT MIDSTREAM INC: TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO DISTRIBUTABLE CASH FLOW

  • DT MIDSTREAM: EXPECTED TO INCREASE DT MIDSTREAM'S PIPELINE SEGMENT TO ABOUT 70% OF ADJUSTED EBITDA IN 2025

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