Natural Gas Utilities

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Energy Transfer Partners and Susser Holdings announces successful completion of merger

Friday, 29 Aug 2014

Energy Transfer Partners LP and Susser Holdings Corporation:Says completion of the previously announced merger of indirect wholly owned subsidiary of ETP, with and into Susser, with Susser surviving merger as subsidiary of ETP.Says Susser shareholders will receive 50 pct of the merger consideration in cash and 50 pct in ETP common units.Says total consideration to be paid in cash will be about $875 mln and total consideration to be paid in equity will be about 15,807,605 ETP common units.Barclays and Credit Suisse acted as financial advisors, Morgan Stanley & Co. LLC delivered a fairness opinion to the Board of ETP.Vinson & Elkins acted as legal counsel to ETP, and Bingham McCutchen acted as tax counsel to ETP.BofA Merrill Lynch acted as financial advisor and Gibson, Dunn & Crutcher LLP acted as legal counsel to Susser.

NIPPON GAS CO LTD to acquire simple gas business from Saitama-based company

Tuesday, 12 Aug 2014

NIPPON GAS CO LTD:To acquire simple gas business from Saitama-based company at price of 60 mln yen.Effective Oct. 10.

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