- 8.95 million common units of NGL Energy Partners representing a one third stake in limited partnership (estimated market value $179 million assuming $20 per unit); this includes $25 million attributable to working capital
- 7.5 percent interest in the General Partner of NGL Energy Partners,
- cash payment of up to $100,000,000 for working capital that is subject to adjustment
- SemGroup will have two seats on the board of directors of the general partner of NGL Energy Partners.
SemGroup To Contribute SemStream Assets To NGL Energy Partners In Exchange For Cash And Significant Equity Stake
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