Blackstone to buy EagleClaw Midstream for about $2 B
4/17/2017
(Reuters) -- EagleClaw Midstream Ventures LLC said on Monday it agreed to be bought by funds managed by Blackstone Group LP for about $2 B.
EagleClaw Midstream Ventures LLC, which owns and operates natural gas pipelines and processing facilities, said the all-cash deal includes about $1.25 B in debt, financed by Jefferies LLC.
EagleClaw is the largest privately held midstream operator in the Permian's Delaware Basin in West Texas.
Reporting by Arathy S Nair in Bengaluru; Editing by Sriraj Kalluvila
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