Two Point Zero Group PJSC: Disclosure Regarding Acquisition of Traverse Midstream Partners, LLC. | premargin
Two Point Zero Group PJSC: Disclosure Regarding Acquisition of Traverse Midstream Partners, LLC.
·ADX·General Disclosure | Announcements·March 30, 2026·View on exchange
AI Summary
Two Point Zero Group PJSC subsidiary, ePointZero, has entered into an agreement to acquire a 100% stake in U.S.-based Traverse Midstream Partners, LLC.
The acquisition is valued at USD 2.25 billion.
Traverse Midstream Partners holds strategic minority stakes in key U.S. natural gas infrastructure, including Rover Pipeline LLC and Ohio River System LLC (ORS).
The transaction is currently undergoing completion procedures and remains subject to obtaining necessary regulatory approvals.