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CM - Midstream Briefs - March 07, 2019
Tulsa-based PE group Argonaut Private Equity invested an undisclosed sum in Houston-based pipeline distribution company Mammoth Carbon Products. Started in 2014, Mammoth currently services the North American market focusing in Texas and Colorado. The new investment will help Mammoth continue expansion into the Northeastern US, Canada and California. “Mammoth is well positioned to significantly impact the distribution of steel pipeline in North America to meet demand,” said Steve Mitchell, CEO of Argonaut. Energy Transfer Operating, LP is offering to exchange a total of $4.337 billion principal amount of senior unsecured......
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