Gas Utilities M&A » By The Online Investor Staff, updated Fri., Apr. 16, 4:53 PM
Recent mergers and acquisitions in the Gas Utilities M&A category.
| This Slide: #5 of 30 |
Slide #5. Saltchuk Resources, Inc. — AGL Resources Inc. Tropical Shipping business
Acquirer:
Saltchuk Resources, Inc.
Acquiree:
AGL Resources Inc. Tropical Shipping business (GAS)
Details:
AGL Resources Inc. (NYSE:GAS) today announced it has signed a definitive agreement to sell its Tropical Shipping business to a subsidiary of Saltchuk Resources, Inc. of Seattle, WA. After-tax cash proceeds and repatriated cash from the transaction are expected to be approximately $220 million, subject to certain defined post-closing adjustments.
Open the GAS Page at The Online Investor »
|
|||||||||
Open the GAS Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
|
Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
