BRIEF-Gibsons to explore sale of its industrial propane business

Wed Jul 20, 2016 5:29pm EDT
 
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July 20 (Reuters) - Gibson Energy Inc :

* Gibsons to explore a potential sale of its industrial propane business

* Gibson energy has engaged RBC capital markets as a financial advisor to assist company with a potential sale of its industrial propane business

* Anticipates it would reinvest net sales proceeds from potential divestiture into growth opportunities within infrastructure business Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)