ONEOK to buy Brazos Midstream's Permian Midland Basin assets for $4.425 billion
30/08/2026 22:00
ONEOK to buy Brazos Midstream's Permian Midland Basin assets for $4.425 billion Aug 30 (Reuters) - U.S. pipeline operator ONEOK OKE.N said on Sunday it has agreed to buy Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425 billion.
ONEOK said the acquisition would be funded through a $9 billion non-voting minority equity investment from funds and affiliates managed by Apollo Global Management APO.N.
(Reporting by Sumedha Mukherjee in Bengaluru)
Recent news on Apollo Global Management
See all newsMedia: Apollo, Blackstone Have NFL Aspirations, Seek Approval to Buy Stakes in Teams - Bloomberg News
Refile: BUZZ-UDR jumps on FY forecast lift, Apollo deal
Brief: Apollo Debt Solutions BDC Report NAV Per Share $23.78 As Of Sept 30 2026
Brief: UDR, Apollo Form $2.0 Billion Strategic Partnership
Brief: Apollo Debt Solutions Bdc - Sold 469,341 Unregistered Class I Common Shares As Of October 1, 2026 - SEC Filing