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Bracewell Represents Evercore Partners in MPLX LP's Acquisition of 5% Interest in MPLX Pipe Line Holdings LP

HOUSTON — Bracewell & Giuliani LLP represented Evercore Partners, advisor to the Conflicts Committee of the Board of Directors of the general partner of MPLX LP, regarding MPLX LP’s acquisition of a 5.0% interest in MPLX Pipe Line Holdings LP from Marathon Petroleum Corporation for $100 million. Following the acquisition, MPLX LP will own 56% of MPLX Pipe Line Holdings.

Bracewell attorneys working on the transaction include:

Partner: William S. Anderson

Counsel: Ian R. Brown