Kimbell completes acquisition of Haymaker's mineral and royalty interests
Kimbell Royalty Partners has closed its previously announced acquisition of Haymaker's mineral and royalty interests for $210 million and 10 million common units. The total value of the deal is about $445 million based on Kimbell stock closing at $23.54 as of July 12, 2018. As a result of the closing. Haymaker's backers KKR and Kayne Anderson Capital Advisors, along with Haymaker's management, will now collectively own about a 37 percent stake in Kimbell.
13 July 2018•2 mins read
