Feb 13 (Reuters) - Gibson Energy Inc GEI.TO -
* Gibsons enters agreement to divest its industrial propane business for $412 million
* Cash payment of $412 million is expected to be received by gibsons, concurrent with granting of option, no later than April 3, 2017
* Gibson will continue to operate business under direction of current management team Source text for Eikon: ID:nMKW8XlqMa Further company coverage: GEI.TO