British energy giant BP (BP) recently announced that it plans on carving out its pipeline assets into a separately traded vehicle via IPO layer this year.
The new company, BP Midstream Partners, will be structured as a Master Limited Partnership (MLP) and is expected to trade under the ticker ‘BPMP’.
M&A Uses of Going Public with an IPO or Reverse Merger
Here is what the new company will own:… Read More »
BPBP carve outBP midstream carve outBP Midstream SpinoffBP MLP Spinoffbp pipeline carve outBP pipeline spinoffBP SpinoffBPMPBPMP MLP SpinoffBPMP SpinoffRDS-ARoyal Dutch ShellShellShell Midstream PartnersSHLX