To deal successfully with a challenging and complicated market, sometimes simpler is better. Crestwood Equity Partners and Crestwood Midstream Partners are making a major change and streamlining their operations in order to improve their competitive position in the midstream oil and gas sector.
The two companies recently signed a definitive agreement to merge Crestwood’s corporate structure into a single publicly traded partnership with a consolidated enterprise value of approximately $7.5 billion.
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