Expl: Shell Midstream Buys Interests in 2 Pipeline Companies for $800 Million

(marketscreener.com) By Chris Wack Shell Midstream Partners L.P. (SHLX) said Monday that it has entered into an agreement to acquire Royal Dutch Shell's (RDSA) 25.97% equity interest in Explorer Pipeline Co. and 10.125% equity interest in Colonial Pipeline Co. for $800 million. Shell Midstream said in a release that the acquisition will increase its...http://www.marketscreener.com/SHELL-MIDSTREAM-PARTNERS-18359822/news/Shell-Midstream-Buys-Interests-in-2-Pipeline-Companies-for-800-Million-28586367/?utm_medium=RSS&utm_content=20190513