Dec 19 (Reuters) - CSI Compressco LP:
* KODIAK GAS SERVICES, INC. TO ACQUIRE CSI COMPRESSCO LP IN AN $854 MILLION ALL-EQUITY TRANSACTION
* KODIAK GAS SERVICES INC: CSI COMPRESSCO UNITHOLDERS WILL RECEIVE 0.086 SHARES OF KODIAK COMMON STOCK FOR EACH CSI COMPRESSCO COMMON UNIT OWNED
* KODIAK GAS SERVICES INC: PROPOSED DEAL FOR APPROXIMATELY $1.65 PER UNIT
* KODIAK GAS SERVICES INC- UPON CLOSING, CSI COMPRESSCO UNITHOLDERS WILL OWN APPROXIMATELY 14% OF COMBINED COMPANY ON A FULLY DILUTED BASIS
* KODIAK GAS SERVICES INC - KODIAK SHAREHOLDERS WILL REALIZE IMMEDIATE ACCRETION TO DISCRETIONARY CASH FLOW AND FREE CASH FLOW PER SHARE UPON CLOSING
* KODIAK GAS SERVICES INC- KODIAK EXPECTS TO LAUNCH A SENIOR NOTES OFFERING IN Q1 OF 2024
* KODIAK GAS SERVICES INC- TRANSACTION HAS BEEN APPROVED BY BOARD OF DIRECTORS OF KODIAK AND BOARD OF DIRECTORS OF CSI COMPRESSCO GP LLC
* KODIAK GAS SERVICES INC - EXPECTED ANNUAL RUN-RATE COST SYNERGIES OF AT LEAST $20 MILLION
* KODIAK GAS SERVICES INC - CONTINUES TO EXPECT TO ACHIEVE ITS LONG-TERM LEVERAGE TARGET OF 3.0-3.5X BY YEAR END 2025 Source text for Eikon: Further company coverage: