News

Shell and other companies to sell Colonial Pipeline in $9 billion deal
CDPQ acquired its stake from Houston-based ConocoPhillips (NYSE: COP) for $850 million in 2012, according to Reuters. The Koch subsidiary, IFM Investors and KKR acquired their respective holdings in ...
Brookfield Buys Oil-Pipeline Firm Colonial Enterprises for $9 Billion
The equity investment in the oil-pipeline firm will be around $500 million. The agreement includes buying Shell’s 16.125% stake in the business.