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BRIEF-Oneok Announces Agreement To Acquire Remaining Publicly Held Common Units In Enlink Midstream for $4.3 billion
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BRIEF-Oneok Announces Agreement To Acquire Remaining Publicly Held Common Units In Enlink Midstream for $4.3 billion
Nov 24, 2024 6:24 PM

Nov 24 (Reuters) - EnLink Midstream LLC ( ENLC ):

* ONEOK ANNOUNCES AGREEMENT TO ACQUIRE REMAINING PUBLICLY

HELD

COMMON UNITS IN ENLINK MIDSTREAM IN A TAX-FREE TRANSACTION

* ONEOK INC ( OKE ) - DEAL VALUED AT $4.3 BILLION IN ONEOK STOCK

* ONEOK INC ( OKE ) - ENLINK UNITHOLDERS TO RECEIVE 0.1412 SHARES OF

ONEOK

STOCK PER UNIT

* ONEOK INC ( OKE ) - TO ISSUE APPROXIMATELY 37 MILLION SHARES FOR

DEAL

* ONEOK INC ( OKE ) - TO VOTE 44% OF ENLINK UNITS IN FAVOR OF DEAL

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