BANGALORE: Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, priced its enlarged initial public offering of 40 million units at US$23 (RM75.20) a unit, above its expected price range of US$19-US$21 a unit. The companys IPO raised about US$920 million, valuing the company at up to US$1.56 billion. It had planned to sell 37.5 million units. Shell Midstream owns stakes in four onshore and offshore pipelines in Texas and Louisiana. Reuters
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