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Deals Rumor Mill: EFS Midstream, Advent, Foschini

By Benjamin Horney (January 15, 2015, 6:50 PM EST) -- Enterprise Products Partners LP, Energy Transfer Equity LP and The Williams Cos. Inc. have each made offers to buy Pioneer Natural Resources Co. and Reliance Holding USA Inc.'s joint midstream oil and gas business in the Eagle Ford Shale, Bloomberg reported on Thursday. According to the report, the unit, EFS Midstream, is expected to net the two companies more than $3 billion. Pioneer and Reliance have been trying to sell EFS Midstream since at least November....

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