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Gibson Energy Provides Update on Acquisition of South Texas Gateway Terminal
Gibson Energy Provides Update on Acquisition of South Texas Gateway Terminal Canada New...
About this update from Gibson Energy Inc.
[{"type":"text","content":"\n \n \n \n Gibson Energy Provides Update on Acquisition of South Texas Gateway Terminal\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Aug. 1, 2023\n \n \n /CNW/ - Gibson Energy Inc. (\"Gibson\" or the \"Company\") (TSX: GEI) is pleased to announce the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the \"HSR Act\") with respect to the Company's proposed acquisition of 100% of the membership interests of South Texas Gateway Terminal LLC (the \"Transaction\"). The expiration of the waiting period under the HSR Act satisfies one of key conditions to the closing of the Transaction and Gibson expects that the parties will be in position to close the Transaction in the very near term and without the need of any other third-party action or approval.\n \n \n \n About Gibson\n \n \n \n Gibson is a leading liquids infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products. Headquartered in\n \n Calgary, Alberta\n \n , the Company's operations are located across\n \n North America\n \n , with core terminal assets in\n \n Hardisty\n \n and\n \n Edmonton, Alberta\n \n , and including a facility in\n \n Moose Jaw, Saskatchewan\n \n and an infrastructure position in the U.S.\n \n \n Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit\n \n www.gibsonenergy.com\n \n .\n \n \n For further information, please contact:\n \n \n \n Beth Pollock\n \n \n Vice President, Capital Markets & Risk\n \n Phone: (403) 992-6478\n \n \n [email protected]\n \n \n \n Media Relations\n \n Phone: (403) 476-6374\n \n \n [email protected]\n \n \n \n \n Forward-Looking Statements\n \n \n \n Certain statements contained in this press re...