Phillips 66 Partners to buy logistics assets from Phillips 66

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Oct 11 Phillips 66 Partners LP said it
agreed to buy crude, refined products and natural gas liquids
logistics assets from Phillips 66 for $1.3 billion.

Phillips 66 Partners plans to fund the deal with debt and
$196 million in new units of Phillips 66 Partners issued to
Phillips 66.

(Reporting by Arathy S Nair in Bengaluru; Editing by Maju
Samuel)


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