Southwest gas holdings announces actions to help preserve company's ability to effectuate a tax-free separation of centuri and provides update to private letter ruling request

Adopts tax-free spin protection plan as it considers additional centuri separation alternatives las vegas , nov. 6, 2023 /prnewswire/ -- southwest gas holdings, inc. (nyse: swx) ("southwest gas" or the "company") today announced actions to help preserve the company's ability to effectuate a tax-free separation of centuri group, inc. ("centuri") as it considers additional separation alternatives to form a new independent publicly traded utility infrastructure services company. the company remains committed to separating centuri and continues to assess the value of a potential tax-free spin-off of centuri, either following, or in lieu of, a potential initial public offering by centuri as well as other transaction alternatives.
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