Major energy distribution firms plan mergers

03/01/1999
Two major planned mergers have been announced that point to accelerating competition and consolidation in the natural gas, power, and energy services sectors. Sempra Energy and KN Energy Inc. have signed a definitive merger agreement that would form a major, integrated energy company with combined assets of $20 billion. Under terms of the deal, valued at $6 billion, KN will be merged into Sempra. Southern Union Co. (SU) has confirmed it submitted a merger proposal to Southwest Gas Corp.'s (SGC) board. SU said last week it was performing due diligence regarding its plans to acquire the outstanding stock of SGC for $32/ share. This merger would create the U.S.'s lar...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected