Targa to complete $3.55Bln cash buy of Delaware Basin gas gathering and processing assets in third quarter

Tuesday, 21 June 2022

Targa Resources Corp., one of the largest US independent midstream infrastructure companies, has agreed to acquire Lucid Energy, a natural gas gathering and processing services company in the Delaware Basin from US asset managers for $3.55 billion in cash and the transaction will be completed in the third quarter.

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