Crestwood Midstream acquires Arrow Midstream for $750M Crestwood Midstream Partners announced that its wholly-owned subsidiary, Crestwood Arrow Acquisition, has entered into an agreement to acquire Arrow Midstream Holdings, a privately-held midstream company, for approximately $750M. The transaction is expected to be immediately accretive to Crestwood's estimated distributable cash flow per limited partner unit in 2014, with growing accretion thereafter based upon projected production increases from the Arrow assets. The transaction is expected to close in Q4.
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