Piedmont Natural Gas Co. Inc. (PNY) announced that it completed the sale of one-half of its 30% ownership interest in SouthStar Energy Services to AGL Resources Inc. (AGL) effective January 1.
Piedmont sold one-half of its ownership interest for $57.5 million and retains a 15% ownership and earnings interest in SouthStar.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.