HOUSTON--(BUSINESS WIRE)--EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL”) business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments. EPIC Y-Grade owns long haul natural gas liquids pipelines and fractionation facilities that serve both the Permian and Eagle Ford basins. “EPIC has transformed its NGL business over the past...
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