Blackstone Intends To Comply With Tallgrass Merger Agreement

by Jill & Cathy on September 12, 2021

Guggenheim Securities, LLC (Lead), TD Securities Inc. and Centerview Partners LLC are consultants for Thomson Reuters. Wachtell, Lipton, Rosen & Katz is acting as legal counsel to Thomson Reuters for the transaction, with Torys LLP acting as Canadian legal counsel. Norton Rose Fulbright is legal counsel to Thomson Reuters Founders Share Company. Canson Capital Partners, BofA Merrill Lynch, Citigroup and J.P. Morgan are financial advisors to Blackstone. Debt financing related to the transaction is provided by J.P. Morgan, BofA Merrill Lynch and Citigroup. Simpson Thacher &bartlett LLP is acting as legal advisor to Blackstone. For more information, visit www.tallgrassenergy.com. R&D activities offer a wide range of offers to financial market professionals. Global content includes basics, estimates, and primary and secondary research.

R&D also offers its customers tools, platforms, locations and services to enable fast and intelligent decision-making. The activities that will make up the new R&R partnership have a turnover of approximately $6 billion in 2017. The transaction is expected to close in the second quarter of 2020, subject to compliance with customary conditions, including approval of the merger by the holders of a majority of TGE`s outstanding Class A and B shares, which vote together in a single Class, including approximately 44% of all Class A and B shares held by the sponsors. Upon the conclusion of the transaction, Class A shares will no longer be traded publicly. Tallgrass Energy, LP (NYSE: TGE) is a growth-oriented mid-market energy infrastructure company that operates in 11 states with transportation, storage, terminal, water, collection and processing facilities that use some of the nation`s most productive crude oil and natural gas basins. GIC is a leading global investment firm with over $100 billion in assets under management. Established in 1981 to secure Singapore`s financial future, the company manages Singapore`s foreign exchange reserves. With its disciplined approach to long-term value, GIC is uniquely positioned to invest in both the public and private markets, including equities, fixed-rate investments, real estate, private equity and infrastructure. In the infrastructure space, GIC`s main strategy is to invest directly in operational infrastructure with a high degree of cash flow transparency, which provides inflation coverage. These include mature, low-risk, low-risk facilities in developed countries, complemented by investments with higher growth potential in emerging countries. GIC is headquartered in Singapore and employs more than 1,500 people in 10 branches in major financial cities around the world. For more information about GIC, please see www.gic.com.sg.

Tyler Henritze, Head of US Acquisitions at Blackstone Real Estate, said: “We are delighted that the revised offer and merger agreement have been approved by every ESA Director and ESH Boards of Directors. . . .

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