Kinder Morgan (KMI -0.4%), which has struck a $38B deal to buy El Paso (EP), will try to sell...

|About: Kinder Morgan, Inc. (KMI)|By:, SA News Editor

Kinder Morgan (KMI -0.4%), which has struck a $38B deal to buy El Paso (EP), will try to sell off EP’s production and exploration assets in pieces rather than as a whole, NY Post reports. KMI has been deep in talks to sell assets to PE firms, but is now looking to break up the assets and seek multiple buyers in a bid to fetch as much as $8B, the report says.