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ClosedPublished 15 Jun 2023

Phillips 66 /
DCP Midstream, LP

Phillips 66 buys publicly held DCP Midstream units

Price
$3.8bn
Stage
Closed
Buy side: Phillips 66
Buy sidePhillips 66
Target: DCP Midstream, LP
TargetDCP Midstream, LP
Source · 15 Jun 2023
See the source
Buy side: Phillips 66
Buy sidePhillips 66
Target: DCP Midstream, LP
TargetDCP Midstream, LP
01 / BuyerPhillips 66
02 / TargetDCP Midstream, LP
01

What happened

Phillips 66 completed its acquisition of the publicly held common units of DCP Midstream, LP for $41.75 per unit in cash. The transaction had a total value of approximately $3.8 billion, increasing Phillips 66’s economic interest in DCP Midstream to 86.8%.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

Phillips 66 buys publicly held DCP Midstream units

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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