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Transportadora Associada de Gas (TAG) Pipelines

Company Summary

Operational Regions

  • South America

Recent news

  • 7/21/2020 - Engie Agrees to Acquire... (subscriber access)
  • 3/17/2020 - Petrobras Begins Binding... (subscriber access)

Company Transactions

Date: 9/30/2020
Type: Acquisition

BUYERS:
  • ENGIE S.A.
    • SELLERS:
  • Petrobras
  • Transportadora Associada de Gas (TAG) Pipelines
    • DETAILS:

    COST: 187.5 $MM

    NOTES:
    Engie has entered into a deal with Petrobras to acquire their remaining 10% stake in the TAG Pipeline company for $187.5 million. They had already purchased a 90% stake in 2019.
    REGIONS:
  • South America