The asset portfolio includes the 5,500-mile Colonial Pipeline, one of the largest refined products systems in the United States. The transaction is expected to close around the fourth quarter of 2025.

A group of investors led by Brookfield Infrastructure Partners LP agreed to acquire Colonial Enterprises Inc. in a deal that values the operator of the biggest US fuel pipeline at about $9 billion.

Colonial Enterprises is the parent company of Colonial Pipeline Company, a key energy infrastructure operator in the United States. Colonial Pipeline operates one of the largest refined products ...

who’s assets include the Colonial Pipeline. The transaction will see Brookfield acquire the operations for an enterprise value of $9 billion, which equates to 9x EBITDA. Colonial amounts to the ...

The $9B deal includes Colonial Pipeline, the largest U.S. refined products pipeline. With stocks plunging, steady income is key. Tim Melvin & Ryan Faloona reveal dividend stocks and deep-value ...

NEW YORK, April 1 (Reuters) - The Federal Energy Regulatory Commission (FERC) on Wednesday suspended Colonial Pipeline's proposal to overhaul its gasoline shipments for seven months to hear ...

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NEW YORK, (Reuters) – Top U.S. oil major ExxonMobil (XOM.N) asked regulators to block changes proposed by the Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers ...