Tuesday, 19 June 2007

GE Buys Control of Regency Energy, Louisiana Pipeline for $603 Million

(Bloomberg) -- General Electric Co. acquired
controlling interests in Regency Energy Partners LP and a
Louisiana pipeline from HM Capital Partners LP for $603 million.

The purchase included 91 percent of Dallas-based Regency's
general partner and 16.7 million subordinated units, Fairfield,
Connecticut-based GE said today in a statement on Business Wire.


Read more at Bloomberg Energy News

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