Panhandle Eastern Pipe Line Co. Acquires Southern Union Co.

On January 10, 2014, Panhandle Eastern Pipe Line Co. acquired oil/gas exploration company Southern Union Co.

This is Panhandle Eastern Pipe Line Co.’s 1st transaction in the Oil/Gas Exploration sector.
This is Panhandle Eastern Pipe Line Co.’s 1st transaction in the United States.
This is Panhandle Eastern Pipe Line Co.’s 1st transaction in Texas.

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M&A Deal Summary
Date	January 10, 2014
Target	Southern Union Co.
Sector	Oil/Gas Exploration
Buyer(s)	Panhandle Eastern Pipe Line Co.
Deal Type	Add-on Acquisition

Houston, Texas, United States

Southern Union Co. engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States.

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Dallas, Texas, United States

Panhandle Eastern Pipe Line Co., LP. engages in the interstate transportation and storage of natural gas.

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