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    ONEOK to buy Brazos Midstream's Permian Midland Basin assets for $4.425 billion

    Picture of Apollo Global Management logoApollo Global Management
    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)
     ((Sumedha.Mukherjee2@thomsonreuters.com))

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