IFM Investors to acquire midstream operator Buckeye Partners for $6.5 bln
May 10 (Reuters) - Asset manager IFM Investors will acquire pipeline operator Buckeye Partners LP for $6.5 billion, they said in a joint statement on Friday.
Under the terms of the deal, Buckeye shareholders will get $41.50 per common unit held. (Reporting by Debroop Roy in Bengaluru; Editing by Shailesh Kuber)