Blackstone Infrastructure Partners and Tallgrass Energy (TGE) merger information including expected completion date, offer price and investor relations data are displayed in the deal information table below.
This deal was successfully consummated on April 16, 2020
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Tallgrass Energy |
Acquisition Target Stock Ticker | TGE |
Acquirer Stock Name | Blackstone Infrastructure Partners |
Announcement Date | December 16, 2019 |
Expected Completion Date | June 30, 2020 |
Deal Value | $6.3bn |
Offer Price | $22.45 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | investor.relations@tallgrassenergy.com |
Actual Completion Date | April 16, 2020 |
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Tallgrass Energy (NYSE: TGE) Merger - Acquisition News and Events
Tallgrass Energy Company Profile
Tallgrass Energy, LP, through its subsidiaries, provides crude oil transportation services to customers in Wyoming, Colorado, Kansas, and the surrounding regions of the United States. The company operates through three segments: Natural Gas Transportation; Crude Oil Transportation; and Gathering, Processing & Terminalling. It also provides natural gas transportation and storage services for customers in the Rocky Mountain, Midwest, and Appalachian regions; natural gas and crude oil gathering and processing services for customers in Wyoming; and natural gas liquids (NGLs) transportation services in Northeast Colorado and Wyoming.
In addition, the company offers water business services, including freshwater transportation, and produced water gathering and disposal in Colorado, Texas, Wyoming, and North Dakota; crude oil storage and terminalling services in Colorado, Oklahoma, and Kansas; and marketing services for NGLs and crude oil. The company was formerly known as Tallgrass Energy GP, LP and changed its name to Tallgrass Energy, LP in June 2018. Tallgrass Energy, LP was founded in 2012 and is based in Leawood, Kansas.