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Business & Economics

Brookfield Infrastructure Partners to acquire Colonial Enterprises for $9bn

GlobalData
Summary
Nutrition label

81% Informative

Colonial Enterprises boasts the largest refined products system in the US , covering around 5,500 miles (8,851.3km) from Texas to New York .

Shell Midstream Operating , a subsidiary of Shell , will sell its 16.125% interest in Colonial Enterprises .

Shell 's share of Colonial at $ 1.45bn (1.14bn), inclusive of approximately $500 m in non-recourse debt.

VR Score

78

Informative language

75

Neutral language

74

Article tone

formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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