Law360, New York (August 29, 2017, 1:54 PM EDT) -- International liquids and terminal company Zenith Energy LP said Tuesday that it's teaming with private equity giant Warburg Pincus LLC to buy energy logistics master limited partnership Arc Logistics Partners LP in a deal worth approximately $406 million.
Zenith Energy, which is based in Houston but owns crude oil and petroleum storage operations in Europe and Latin America, said it and Warburg Pincus are forming a U.S.-based MLP known as Zenith Energy U.S. LP, which will buy New York-based Arc Logistics and its general partner.
Zenith Energy U.S. will pay $16.50 per share for all outstanding public common units not owned...
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!