El Paso Energy will acquire Coastal

Article Abstract:

El Paso Energy Corp. will acquire Coastal Corp. for $9.9 billion (9.79 billion euros). El Paso will assume responsibility for debt and preferred shares worth up to $6 billion.

El Paso Energy Corp., Coastal Corp.

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Trade commission in U.S. may clear Valero-Ultramar deal

Article Abstract:

Valero Energy Corp.'s proposed acquisition of Ultramar Diamond Shamrock Corp. is ready to be approved by the U.S. Federal Trade Commission. The deal is valued at $4 billion (4.54 billion euros).

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Gas transmission and distribution, Gas Transmissn & Distributn, Petroleum industry, Gas industry, Powers and duties, United States. Federal Trade Commission, Ultramar Diamond Shamrock Corp., Valero Energy Corp., UDS, VLO

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Dominion Resources in $6.3 billion deal

Article Abstract:

Dominion Resources Inc. has reached an agreement to purchase Consolidated Natural Gas Co. in an exchange of shares worth $6.3 billion. The deal forms one of the largest electric and gas utilities in the US. Consolidated is a gas and oil pipeline firm. The deal is still awaiting the approval of regulators and stockholders. Under the deal, Consolidated stockholders will receive 1.52 Dominion shares each.

Comment:

Dominion Resources to purchase Consolidated Natural Gas in $6.3 billion deal

Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Natural gas transmission, Abstract, Energy industries, Energy industry, Public utilities, Dominion Resources Inc., D, CNG, Consolidated Natural Gas Co.

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