Kinder Morgan $3 billion acquisition of Hiland Partners

Overview:

• Energy infrastructure company Kinder Morgan has acquired Hiland Partners for $3 billion.
• Hiland operates crude oil gathering and transportation pipelines, mostly in North Dakota and Montana.
• The transaction cost includes the assumption of $1 billion of Hiland debt.
• Bracewell (W Cleland Dade, Gregory Bopp) advised Kinder Morgan.
• Vinson & Elkins (Steve Gill, Doug McWilliams) advised Hiland.

Kurt Stumpo - Journalist - North America and the Caribbean