Reuters logo
10 days ago
BRIEF-ZZ Capital International updates on acquisition of entire equity interest in Alerian
July 14, 2017 / 12:29 PM / 10 days ago

BRIEF-ZZ Capital International updates on acquisition of entire equity interest in Alerian

1 Min Read

July 14 (Reuters) - ZZ Capital International Ltd:

* Acquisition of entire equity interest in Alerian

* Initial consideration for deal will comprise an initial cash consideration, expected to be approximately US$506 million

* ZZCI Index Partners Llc entered into unit purchase agreement with Gabriel Hammond, Daniel Hammond and Kenny Feng

* Total consideration payable by buyer under unit purchase agreement is not expected to exceed US$812 million Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below