ONEOK Completes EnLink Midstream Takeover for $4.3B

Transaction Type
Buyers
Announce Date
Post Date
Close Date
Estimated Price
5900BB
Description

ONEOK Inc. completed its takeover of EnLink Midstream on Jan. 31 following approval from EnLink unitholders of the transaction on Jan. 30 at a special meeting.

ONEOK had agreed to acquire the remaining stake in EnLink in November 2024 for $4.3 billion after having closed on a $3.3 billion deal for Global Infrastructure Partners’ controlling interest a month prior.