Enterprise to acquire interest in panola ngl pipeline from western midstream

Houston--(business wire)--enterprise products partners l.p. (nyse: epd) today announced that its affiliate has entered into a definitive agreement to acquire member interests in panola pipeline company, llc (“panola”) from an affiliate of western midstream partners, lp (“western”) in a debt-free transaction for $25 million in cash consideration. enterprise executed a definitive agreement to acquire western's 15 percent equity interest in panola. panola owns a 253-mile pipeline that transports m.
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