Transmontaigne Partners L.P.NYSE
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  • Aug. 15, 2014, 3:57 PM
    • NGL Energy Partners (NGL -1.9%) and TransMontaigne Partners (TLP +0.5%) say they have terminated discussions regarding NGL's non-binding proposal to acquire the outstanding units of TLP, unable to reach agreement on a price.
    • NGL currently owns TransMontaigne GP and ~19.7% of the outstanding common units of TLP.
    • Shares resume trading after a halt.
    | Aug. 15, 2014, 3:57 PM
  • Jul. 10, 2014, 6:54 PM
    • TransMontaigne Partners (TLP) +2.6% AH after NGL Energy Partners (NGL) offers to acquire all outstanding units in a one-for-one stock swap.
    • Last week, NGL closed on its $547M purchase from Morgan Stanley of 17% of the outstanding units in the MLP plus the general partner management interest.
    | Jul. 10, 2014, 6:54 PM
  • Dec. 20, 2013, 2:15 PM
    • Moving forward with its plan to exit noncore businesses, Morgan Stanley (MS +0.4%) sells the Global Merchandising unit of its Commodities division to a subsidiary of Rosneft Oil for an undisclosed amount. The sale is expected to close in 2014 H2 and is not expected to have a material impact on Morgan's financial results.
    • Morgan says it's looking at options for its stake in TransMontaigne Partners (TLP +1.2%), which isn't part of the Rosneft deal.
    • Previous coverage
    | Dec. 20, 2013, 2:15 PM