Shearman And Sterling

News November 08, 2019

Oryx Midstream's Acquisition of Targa Resources’ Crude Business

Shearman & Sterling advised Oryx Midstream in its agreement to acquire Targa Resources Corp.’s Permian Delaware crude business in a deal valued at approximately $135 million. Subject to customary regulatory approvals and closing conditions, the sale is expected to close in the fourth quarter of 2019. Sidley Austin was co-counsel to Oryx.

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