2024 Buckeye purchase of magellan terminals

Buckeye purchase of magellan terminals

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August undefined, 2024

WebJan 21, 2024 · TULSA, Okla., Jan. 21, 2024 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250... WebPursuant to an Equity Purchase Agreement dated June 9, 2024, Buckeye will acquire 26 LLP terminals from Magellan for approximately $435 million (the “Acquisition”). ... likely anticompetitive effects alleged in the Commission’s Complaint by requiring Buckeye to divest the Magellan terminals and all associated assets (the “Terminal ...

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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. … 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. scottish high international school email

FTC Requires Divestitures in Petroleum Terminal and Storage …

WebJun 10, 2024 · (RTTNews) - Magellan Midstream Partners L.P. (MMP) said that it agreed to sell its independent terminals network comprised of 26 refined petroleum products terminals with about 6 million... WebMar 31, 2024 · Buckeye, which bought the Wilmington terminal from Magellan in January 2024, argued that attaching hoses to ships to transfer petroleum products from tanker ships, through a pipeline, to its terminals, is not stevedoring. Magellan had also refused to pay the usage fee when it owned the terminal, saying it was not a stevedoring company. 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 … scottish high international school

UNITED STATES OF AMERICA BEFORE FEDERAL TRADE …

Magellan (MMP) to Divest Its Independent Terminals for $435M

WebOct 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. WebJan 22, 2024 · New York — Magellan Midstream Partners will sell three of its six US marine terminals for $250 million to fellow pipeline operator Buckeye Partners as it sheds its US Atlantic Coast assets to focus on Texas marine operations. scottish high international school rankingWebJun 9, 2024 · Magellan is headquartered in Tulsa, Oklahoma. In 2024, Magellan's revenues from transportation and terminals were $1.8 billion. III. The Proposed Acquisition Pursuant to an Equity Purchase Agreement dated June 9, 2024, Buckeye will acquire 26 LLP terminals from Magellan for approximately $435 million (the “Acquisition”). preschool animals

"WebJun 10, 2024 · TULSA, Okla. — Magellan Midstream Partners LP announced June 10 an agreement 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 Partners LP for $435 million. " - Buckeye purchase of magellan terminals

Buckeye purchase of magellan terminals

Magellan Midstream Sells Terminals to Buckeye Partners

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 21, 2024 · TULSA, Okla., Jan. 21, 2024 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250...

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WebJun 10, 2024 · TULSA, Okla., June 10, 2024 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today an agreement to sell its independent terminals network comprised of 26 refined... WebPursuant to an Equity Purchase Agreement by and between Buckeye and a Magellan affiliate dated June 9, 2024, Buckeye proposes to acquire 26 LPP terminals wholly owned by Magellan (the “Acquisition”) for approximately $435 million.

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, … WebJun 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 …

WebJan 22, 2024 · Magellan Midstream Partners announced an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250 million. The terminals are located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana. ... Magellan intends to purchase its common units from time-to-time through a variety of methods, including … WebJun 3, 2024 · Buckeye Partners to acquire terminals network from Magellan Midstream June 3, 2024 Buckeye Partners LP will soon add a network of 26 refined petroleum products terminals and about 6...

WebJun 11, 2024 · Magellan Midstream Partners, L.P. MMP recently inked a deal to offload its independent terminals network, which includes 26 refined petroleum product terminals with a total storage capacity...

WebAs 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. preschool animated television seriesWebOct 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. scottish highland bull imagesWebJun 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... preschool animals in spring scottish highland beefWebBuckeye 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. preschool animal homes theme activitiesWebSep 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 … preschool angel craft coffee filterWebJun 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. scottish highland belted galloway cross