UPDATE 1-Occidental to cut Western Midstream majority stake below 50%
Occidental Petroleum Corp said on
Monday it would cut its majority stake in pipeline operator
Western Midstream Partners LP to less than 50% in 2020,
as it looks to reduce its debt that grew significantly with the
Anadarko deal.
Monday it would cut its majority stake in pipeline operator
Western Midstream Partners LP to less than 50% in 2020,
as it looks to reduce its debt that grew significantly with the
Anadarko deal.
Posted by Reuters
