HubsBaker Botts Represents EnLink Midstream, LLC in its Acquisition of EnLink Midstream Partners, LP in a Simplification Transaction
Release
Deal Description: The EnLink Midstream companies, EnLink Midstream, LLC (NYSE: ENLC) and EnLink Midstream Partners, LP (NYSE: ENLK), today announced that they entered into a merger agreement whereby ENLC will acquire all outstanding common units of ENLK not already owned by ENLC in a unit-for-unit exchange transaction to simplify its corporate structure. Under the terms of the merger agreement, ENLK common unitholders will be entitled to receive 1.15 common units of ENLC for each common unit of ENLK owned. The transaction is expected to close in the first quarter of 2019.
Baker Botts represented EnLink Midstream, LLC.
Baker Botts Lawyers/Office Involved:
Corporate: Preston Bernhisel (Partner, Dallas); Joshua Davidson (Partner, Houston); Jon Platt (Partner, Dallas); Rachel Ratcliffe (Associate, Austin); Rosemary Maberry (Associate, Dallas); Michelle Matthews (Associate, Dallas); Allison Lancaster (Associate, Austin); Sumair Sangha (Associate, Dallas)
Tax: Steve Marcus (Partner, Dallas); Eric Winwood (Partner, Dallas)
For more information, please see ENLC’s and ENLK’s news release.
Baker Botts represented EnLink Midstream, LLC.
Baker Botts Lawyers/Office Involved:
Corporate: Preston Bernhisel (Partner, Dallas); Joshua Davidson (Partner, Houston); Jon Platt (Partner, Dallas); Rachel Ratcliffe (Associate, Austin); Rosemary Maberry (Associate, Dallas); Michelle Matthews (Associate, Dallas); Allison Lancaster (Associate, Austin); Sumair Sangha (Associate, Dallas)
Tax: Steve Marcus (Partner, Dallas); Eric Winwood (Partner, Dallas)
For more information, please see ENLC’s and ENLK’s news release.
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