Jan 6 (Reuters) - U.S. oil refiner Phillips 66 (PSX.N) , opens new tab said on Monday it will acquire EPIC Y-Grade GP and EPIC Y-Grade in an all-cash deal for $2.2 billion.

The transaction is expected to be immediately accretive to earnings per share upon close, it added.

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https://www.reuters.com/markets/deals/oil-refiner-phillips-66-plans-acquire-epic-ngl-22-bln-deal-2025-01-07/