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Reuters

Reuters

Business

Business & Economics

Brookfield to buy Colonial Pipeline for about $9 billion, including debt

Reuters
Summary
Nutrition label

79% Informative

Colonial 's pipeline system stretches over 5,500 miles from Houston in Texas to New York's harbor.

It moves 100 million gallons of fuel daily, including gasoline, jet fuel, diesel and heating oil.

Shell said late on Thursday it was selling its interest in Colonial Enterprises to Colossus AcquireCo , a Brookfield subsidiary, for $1.45 billion .

VR Score

88

Informative language

93

Neutral language

69

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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