Reuters logo
BRIEF-Southwest Gas Corp announces holding company structure
December 28, 2016 / 11:44 AM / a year ago

BRIEF-Southwest Gas Corp announces holding company structure

Dec 28 (Reuters) - Southwest Gas Corp

* Announces holding company structure

* Approval by its board of directors to implement previously proposed holding company structure, effective January 1, 2017

* No material operational or financial impacts are expected.

* Southwest Gas Corp’s shareholders will automatically become shareholders of Southwest Gas Holdings, on a one-for-one basis

* “Reorganization is designed to provide further separation between Southwest’s regulated and unregulated businesses”

* Holding company will be named Southwest Gas Holdings, and will be traded on New York Stock Exchange under same ticker symbol, SWX

* Southwest Gas Corporation, Centuri Construction Group,their respective subsidiaries, will become subsidiaries of Southwest Gas Holdings Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
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