MarkWest Energy Buys 49% of MarkWest Liberty

MarkWest Energy Partners has acquired the 49% interest in MarkWest Liberty Midstream & Resources previously held by the Energy & Minerals Group. The deal includes $1 billion of cash and the issuance of 19.95 million unregistered MWE Class B Units to the Energy and Minerals Group. MarkWest focuses on the gathering, transportation, and processing of natural gas. The Energy & Minerals focuses on investments in the natural resources industry.

30 December 2011•4 mins read
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