Vista to buy out partners in midstream business

Vista to buy out partners in midstream business

Equity M&A Energy Gas Argentina Mexico

Mexico City-listed Vista Oil & Gas said on Thursday that it reached a deal to buy out its partners in Aleph Midstream for $37.5 million, adding that it can build an oil and natural gas pipeline and related infrastructure in Argentina at nearly half the cost as previously planned. Vista will acquire the equity stakes of its partners – the US investment firm Riverstone Energy and the Latin American private equity fund Southern Cross Group – to take its stake in Aleph to 100%, it said in a stat

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