Berkshire Hathaway Inc. - Ordinary Shares - Class A

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Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Dominion Energy And Berkshire Hathaway Energy Agree To Terminate Sale Of Questar Pipelines Dominion Energy Commencing Competitive Sale Process

Published: 07/12/2021 11:39 GMT
(BRK.A) - Dominion Energy Inc - Agreed to Terminate Planned Sale of Questar Pipelines to Berkshire Hathaway Energy.
Dominion Energy Inc - Termination a Result of Ongoing Uncertainty Associated With Achieving Requisite Hart-scott-rodino Clearance.
Dominion Energy Inc - No Change to Dominion Energy's Existing Financial Guidance.
Dominion Energy Inc - Decision Has No Impact on Sale of Gas Transmission and Storage Assets to Berkshire Hathaway Energy Completed in November 2020.
Dominion Energy Inc - Dominion Energy Targeting Year-end 2021 for Completion of Competitive Sale Process to an Alternative Buyer.
Dominion Energy Inc - Dominion Energy is Commencing a Competitive Process for Sale of Questar Pipelines, With a Target Close of Year-end 2021.
Dominion Energy Inc - Dominion Energy Intends to Enter Into a 364-day Term Loan.
Dominion Energy Inc - Announcement Does Not Change Dominion Energy's Existing Financial Guidance.
Dominion Energy Inc - Dominion Energy Will Continue to Account for Questar Pipelines As Discontinued Operations.
Dominion Energy Inc - Loan is Expected to Be Repaid by Year-end 2021 With Proceeds From Sale of Questar Pipelines to an Alternative Buyer.
Dominion Energy Inc - Company Will Use Proceeds From Loan to Repay Approximately $1.3 Billion Transaction Deposit Made by Berkshire Hathaway Energy.