Plains Group Holdings Starts Offering of Class A Shares

Plains Group Holdings Starts Offering of Class A Shares

Plains Group Holdings, L.P said Wednesday in a regulatory filing that it will sell, from time to time, class A shares representing limited partner interests in PAGP having an aggregate offering price of up to $500 million. The net proceeds from the offering will be used to purchase from Plains AAP, L.P. a number of class A units equal to the number of PAGP Class A shares sold in such […]

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Southwest Gas Adopts New Structure

Southwest Gas Adopts New Structure

Southwest Gas said early Wednesday its board has approved the implementation of a holding company structure, effective Jan 1, which will result in a name change and further separation between the company’s regulated and unregulated businesses. The holding company will be named Southwest Gas Holdings, and will trade on the New York Stock Exchange under the same ticker symbol, SWX. Meanwhile, Southwest Gas Corp, Centuri Construction Group, and their respective […]

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