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Southwest Gas Holdings Inc. said Thursday it has agreed to sell its MountainWest Pipelines business to Williams Cos. for $1.5 billion in cash. The company has also decided to spin off its Centuri unit to form a new independent publicly traded utility infrastructure services company. The moves are part of a strategy of simplifying Southwest Gas’ corporate structure, the company said in a statement. The sale is expected to close in 2023. “After carefully evaluating all available alternatives, we are confident that simplifying our corporate structure and creating two focused industry leaders is the right outcome of our…


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