South Korean company buys stake in Eureka Midstream

SK Holdings, a unit of SK Group in South Korea, plans to invest $100 million in Eureka Midstream, an oil and natural gas midstream company that operates in Ohio and Pennsylvania, according to The Investor. The financial site says Morgan Stanley, which is Eureka’s major shareholder, has reportedly decided to sell its stake in the company to SK to develop a strategic partnership. For more, read the full story.

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