The Online Investor
Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:02 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #59. Star Gas Partners, L.P. Griffith Energy Services, Inc.

Acquirer: Star Gas Partners, L.P. (NYSE:SGU)
Acquiree: Griffith Energy Services, Inc.
Details: CH Energy Group, Inc. (CH Energy Group), indirect wholly owned subsidiary of Fortis Inc. (TSX:FTS.CA), announced today it has entered into a definitive agreement under which subsidiary Griffith Energy Services, Inc. (Griffith) will be acquired by Star Gas Partners, L.P. (Star Gas) (NYSE:SGU).

Star Group is a home heating oil and propane distributor and services provider. Co. sells home heating oil and propane to full service residential and commercial customers and on a delivery only basis. Co. also sells gasoline and diesel fuel to customers. Co. installs, maintains, and repairs heating and air conditioning equipment and to a lesser extent provides these services outside its heating oil and propane customer base including service contracts for natural gas and other heating systems. Co. conducts its business through an operating subsidiary, Petro Holdings, Inc., utilizing several local brand names, such as Petro Home Services, Meenan, and Griffith Energy Services, Inc.

Open the SGU Page at The Online Investor »

Company Name: 
Star Group LP
Website: 
www.stargrouplp.com
Sector: 
Gas Utilities
Number of ETFs Holding SGU: 
3
Total Market Value Held by ETFs: 
$3.09M
Total Market Capitalization: 
$511.00M
% of Market Cap. Held by ETFs: 
0.60%
 

Open the SGU Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Utilities M&A - Slide 59 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.