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Reported Sunday, ONEOK To Acquire Remaining EnLink Units In $4.3B Stock Deal, Strengthening Energy Midstream Operations

Benzinga·11/25/2024 07:00:18
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  • Consideration of 0.1412 shares of ONEOK common stock  for each outstanding publicly held EnLink common unit
  • On Oct. 15, 2024, ONEOK announced the successful completion of its acquisition of Global Infrastructure Partners' (GIP) entire interest in EnLink for a total cash consideration of approximately $3.3 billion.