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Reported Sunday, ONEOK To Acquire Remaining EnLink Units In $4.3B Stock Deal, Strengthening Energy Midstream Operations
Mergers and acquisitions in the petroleum industry continue. Usa crude oil pipeline operator ONEOK (OKE.US) acquires EnLink Midstream (ENLC.US) for $4.3 billion.
ONEOK will acquire all issued publicly held common shares of EnLink for $4.3 billion in ONEOK common stock.
ONEOK to Issue Approximately 37.0 Million Shares in Proposed Transaction>OKE
ONEOK Expects to Complete Transaction in 1Q of 2025>OKE
ONEOK Announces Agreement to Acquire Remaining Publicly Held Common Units in EnLink Midstream in a Tax-Free Transaction
Express News | ONEOK Inc - to Vote 44% of Enlink Units in Favor of Deal