Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 26-04-2012 | Practice Area: | Corporate and M&A |
| Deal Title: | KKR sale of El Paso Midstream JV interest | Industry: | Oil & Gas Producers |
| Description: |
The Firm is representing an investment vehicle affiliated with KKR & Co, L.P. in connection with its announced sale to Kinder Morgan Energy Partners, L.P. of its 50 percent interest in El Paso Midstream Investment Company L.L.C., a joint venture owning the Altamont gathering, processing, and treating assets and the Camino Real Gathering System, for $300 million in Kinder Morgan Energy Partners, L.P. common units. El Paso Corporation owns the other 50 percent of the joint venture. The parties anticipate that the transaction will close subsequent to the completion of Kinder Morgan, Inc.'s acquisition of El Paso, which is expected to occur by the end of May.
The Simpson Thacher team working on this transaction includes: Andrew Smith, Valentina Casella and Chelsea Freeman (M&A); Nancy Mehlman (Tax); Michael Naughton and Kenneth Ehrhard (Antitrust). The assistance of Joe Kaufman, Rise Norman and Roxane Reardon on securities matters was greatly appreciated.
|
||
| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Joint Venture Party | Law Firm | Simpson Thacher |
| JV Party Jurisdiction | United States | JV Party Jurisdiction | United States |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Andrew W Smith |
