Niska Gas Storage Partners LLCNYSE
Jun. 15, 2015, 7:47 AM
- Niska Gas Storage Partners (NYSE:NKA) agrees to be acquired by Brookfield Infrastructure (NYSE:BIP) and its institutional partners in a deal valued at $911.9M, including the assumption of debt.
- The $4.225/unit purchase price represents a ~222% premium to the June 12 closing price for the common units.
- The deal will require the approval of the California Public Utilities Commission.