Chesapeake to Sell Pipelines for Over $4.0 Billion
Chesapeake Energy Corp. (CHK) plans to sell its pipeline assets in three transactions for total proceeds of over $4.08 billion.
The company agreed tosell general partner interest and units of Chesapeake Midstream Partners LP (CHKM) to Global Infrastructure Partners for 2 billion, the company said in a statement today.
To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net
Chesapeake to Sell Pipelines for Over $4.0 Billion
Daniel Acker/Bloomberg
Chesapeake Energy Corp. agreed to sell general partner interest and units of Chesapeake Midstream Partners LP to Global Infrastructure Partners for 2 billion, the company said in a statement today.
Chesapeake Energy Corp. agreed to sell general partner interest and units of Chesapeake Midstream Partners LP to Global Infrastructure Partners for 2 billion, the company said in a statement today. Photographer: Daniel Acker/Bloomberg
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