Brief: Oneok Says Co To Acquire Brazos Midstream's Permian Midland Basin Assets For $4.425 Billion
31/08/2026 01:47
BRIEF-Oneok Says Co To Acquire Brazos Midstream's Permian Midland Basin Assets For $4.425 Billion Aug 30 (Reuters) - Apollo Global Management, Inc. APO.N:
ONEOK TO ACQUIRE BRAZOS MIDSTREAM'S PERMIAN MIDLAND BASIN ASSETS FOR $4.425 BILLION
ONEOK, - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS AND FREE CASH FLOW PER SHARE
ONEOK, - ACQUISITION FUNDED BY $9 BILLION NONVOTING MINORITY EQUITY INVESTMENT FROM APOLLO
ONEOK, INC.- CO INTENDS TO USE $5 BILLION OF PROCEEDS FROM EQUITY INVESTMENT TO REDUCE ONEOK'S EXISTING INDEBTEDNESS
Source text: ID:nPn51M1xga
Further company coverage: APO.N
((Reuters.Briefs@thomsonreuters.com;))
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