23 February 2011 14:35 [Source: ICIS news]
TORONTO (ICIS)--Enterprise Products Partners has made an offer to acquire all remaining outstanding units of Duncan Energy Partners, the US supplier of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products and petrochemicals said on Wednesday.
The deal between the two Houston-based midstream energy firms would be structured as a merger, ?xml:namespace>
"We believe this proposal should be attractive to Duncan Energy Partners investors who would participate in the future growth of
"In addition, public unitholders of Duncan Energy Partners would receive a substantial premium over the current trading price, a substantial distribution increase and a more liquid security," said Creel.
In a separate statement,
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