Gibson Energy Announces Closing Of Acquisition Of South Texas Gateway Terminal And Exchange Of Subscription Receipts Into Common Shares
Aug 01, 2023•almost 2 years ago
Acquiring Company
Gibson Energy
Acquired Company
Gateway Terminal
Description
Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI) is pleased to announce the closing of the acquisition of 100% of the membership interests of South Texas Gateway Terminal LLC (the "Transaction"). Through this Transaction, Gibson acquired the South Texas Gateway Terminal, a world class liquids terminal and export facility located in Ingleside, Texas, with very large crude carrier capabilities and direct pipeline connections to the prolific Permian and Eagle Ford basins.
DealWatch™ Score
79
High M&A Activity
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