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GlobeNewswire·

DCP Midstream Expands Gathering and Processing Business Through Acquisition of Bolt-on Permian Basin Assets

HIGHLIGHTS Immediately accretive transaction represents approximately 5.5 times EBITDA multiple Bolt-on acquisition enhances DCP's Permian gathering footprint Includes ~230 miles of gathering pipe and a 120MMcf/d cryogenic processing facility, incr