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Energy Boom: Kirkland and Wachtell Advise on $2.2 Billion Phillips 66/EPIC Merger

Summary by Law Street Media
As the Trump Administration opens the door to renewed hydrocarbon pipeline construction, energy giant Phillips 66 announced its plan to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own long haul natural gas liquids pipelines, fractionation facilities, and distribution systems. The $2.2 billion all cash deal is subject regulatory clearance, which is now widely expected due to the change in political climate.  “The EPIC NGL business con
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Law Street Media broke the news in on Thursday, January 30, 2025.
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