Strong earnings and a paring of Fed tightening bets are boosting stocks, with the Nasdaq 100 eyeing key resistance.
Complementary and highly strategic acquisition of leading gathering and processing (G&P) system in the Delaware BasinIncreases Targa’s size and scale in the Delaware BasinLong-term fixed-fee contracts increase Targa’s overall fee-based marginUnderpinned by long-term high-quality producer dedications$3.55 billion acquisition price represents approximately 7.5 times estimated 2023 adjusted EBITDA multipleNear and longer-term synergy potential reduces acquisition multiple over timeTarga now estimat
Wall Street investment bank Goldman Sachs is considering a venture into derivatives in a deal with the FTX crypto exchange which wants a license to handle derivatives internally.