Buckeye purchase of magellan terminals
WebJun 24, 2024 · The Federal Trade Commission (FTC) announced a consent agreement requiring divestitures as a condition of Buckeye Partners, L.P.’s (Buckeye’s) $435 million acquisition of 26 petroleum terminals from Magellan Midstream Partners, L.P. (Magellan). Petroleum terminals are a component of the supply chain for gasoline, diesel, and jet fuel. WebSep 30, 2004 · Emmaus, PA - Buckeye Pipe Line Company LLC , the general partner of Buckeye Partners, L.P. (the "Partnership"), today announced that the Partnership had closed on the purchase of five refined petroleum products pipelines and 24 petroleum products terminals in the Midwestern United States from affiliates of Shell Oil Products …
Buckeye purchase of magellan terminals
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WebJun 2, 2024 · Magellan Midstream to Close Independent Terminals Sale to Buckeye Partners on June 8. Printable PDF. TULSA, Okla. and HOUSTON, Texas – Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) and Buckeye Partners, L.P. (“Buckeye”) announced today that the required regulatory approval process for the sale … WebJan 22, 2024 · Magellan Midstream sells marine terminals to Buckeye Partners. Magellan Midstream Partners, L.P. announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. …
WebMar 21, 2024 · As announced in June 2024, Magellan agreed to sell its independent terminals network comprised of 26 refined petroleum products terminals with approximately 6 million barrels of storage located primarily in the southeastern U.S. to Buckeye for $435 million.As previously noted, Magellan intends to use the proceeds … WebJun 10, 2024 · Magellan Midstream Partners (NYSE: MMP) agrees to sell its independent terminals network to Buckeye Partners for $435M. The network consists of 26 refined petroleum products terminals with...
WebBuckeye has an extensive network of terminals and pipelines in the New York Harbor area with over 18 million barrels of storage to facilitate the import, blending, storage and distribution of refined products to key demand markets throughout New York, New Jersey and Pennsylvania. WebJun 13, 2024 · The Federal Trade Commission (FTC) announced a consent agreement requiring divestitures as a condition of Buckeye Partners, L.P.'s (Buckeye's) $435 million acquisition of 26 petroleum terminals from Magellan Midstream Partners, L.P. (Magellan). 1 Petroleum terminals are a component of the supply chain for gasoline, diesel, and jet …
WebJun 11, 2024 · Jun 11, 2024 04:16AM EDT Shares of Magellan Midstream Partners ( MMP) gained 2.9% after the company inked a deal to sell its independent terminals network to Buckeye Partners for $435...
WebFeb 3, 2024 · February 03, 2024 [Global Legal Chronicle] – Morgan Lewis represented Buckeye Partners in the transaction. Buckeye Partners completed the $250 million acquisition of three marine terminals from Magellan Midstream Partners. The three terminals are located in New Haven, Connecticut; Wilmington, Delaware; and Marrero, … corewell find a doctorWebJun 11, 2024 · Magellan Midstream has sold its network of independent terminals, located mainly in the southeastern US, to Buckeye Partners for US$435 million (€357.7 million). The 26 terminals have a combined capacity of 6 million bbl. The deal is … corewell health and beaumontWebOct 31, 2024 · Buckeye Partners, L.P. signed an agreement to acquire independent terminals network from Magellan OLP, L.P. for approximately $440 million on June 9, 2024. The sale is expected to close upon the receipt of required regulatory approvals. corewell health beaumont troyWebJan 21, 2024 · Magellan Midstream Partners will sell three marine storage terminals to Buckeye Partners for $250 million. The three terminals are located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana. Michael Mears, chief executive officer, says: ‘Magellan remains focused on capital discipline and managing our … corewell health beaumont careersWebJun 10, 2024 · Magellan Midstream sells terminals network in $435 million deal. Tulsa’s Magellan Midstream Partners, L.P. announced Thursday the $435 million sale of its independent terminals network. The network is comprised of 26 refined petroleum products terminals with nearly 6 million barrels of storage. corewell farmington hillsWebJan 21, 2024 · Buckeye Partners to acquire marine terminals from Magellan Midstream Jan. 21, 2024 Buckeye Partners LP, Houston, has agreed to purchase three marine terminals from Magellan Midstream... fancy grim reaperWebJan 21, 2024 · On January 21, 2024, Buckeye Partners acquired energy services and equipment company Magellan Midstream Partners - Select Marine Terminals from Magellan for 250M USD Acquisition Highlights This is Buckeye Partners’ 2nd transaction in the Energy Services and Equipment sector. This is Buckeye Partners’ 3rd largest … corewell health butterworth