MPLX LP (NYSE:MPLX) disclosed that it has entered into a definitive deal with affiliates of WhiteWater and Diamondback Energy, Inc. (NASDAQ:FANG) to acquire the remaining 55% interest in BANGL, LLC for $715 million. Additionally, MPLX may make earnout payments up to a specified cap upon meeting certain financial performance targets. The transaction is immediately accretive […]

KKR & Co. Inc. (NYSE:KKR) reached a deal with ENI S.p.A. (NYSE:E) to expand its ownership in Enilive by acquiring an additional 5% stake valued at 587.5 million euros (~$614.4 million). The transaction will bring KKR’s total stake in Enilive to 30% and the investment aims to enhance Eni’s capital structure while ensuring Eni retains control and consolidation of Enilive. […]

Vista Outdoor Inc. (NYSE:VSTO) shares are trading higher premarket on Monday after the company inked a deal to sell Revelyst to Strategic Value Partners (SVP) for $1.125 billion in cash. Additionally, Vista amended its merger agreement with Czechoslovak Group (CSG) to acquire The Kinetic Group, increasing the purchase price to $2.225 billion. The SVP transaction […]

BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp subsidiary, bp Pipelines TAP Limited, holds a 20% share in Trans Adriatic Pipeline AG (TAP). Trans Adriatic Pipeline AG runs a key 880-kilometer segment of the […]