July 2 (Reuters) - Energy distributor UGI Corp UGI.N said on Tuesday its unit UGI Energy Services will acquire Columbia Midstream Group from a subsidiary of Canada's TC Energy Corp TRP.TO for about $1.28 billion to expand its midstream business.
The Pennsylvania-based company said it expected the deal to be neutral to earnings per share in fiscal year 2020 and accretive starting fiscal year 2021, according to a statement.