Law360 (December 17, 2019, 1:59 PM EST) -- Blackstone Infrastructure Partners and an investor consortium on Tuesday inked a roughly $3.5 billion takeover agreement for Tallgrass Energy in a sweetened deal steered by five firms.
Affiliates of Blackstone Infrastructure Partners and a consortium of sponsors will acquire publicly held Class A shares in Tallgrass Energy LP that they don't already own for $22.45 apiece in cash, according to Tallgrass' announcement. The agreement is a higher offer than Blackstone's August proposal, which offered $19.50 per share.
The other investors in the deal are affiliates of Spanish energy company Enagás SA, steered by Latham & Watkins LLP; GIC, which is Singapore's...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!