EnLink Midstream Partners (ENLK) Posts Mixed Q4 Results

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EnLink Midstream Partners (ENLK) Plans Drop-Down of 25% Stake in EnLink Midstream Holdings

February 17, 2015 5:03 PM EST

EnLink Midstream Partners (NYSE: ENLK) announced that it has acquired a 25 percent equity interest in EnLink Midstream Holdings, LP (EMH) from EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) (collectively, EnLink Midstream) for approximately $925 million. The transaction consideration consists entirely of Partnership units, resulting in the issuance of approximately 31.6 million... More