ONEOK to expand Permian infrastructure with $5.9bn purchase of Medallion and EnLink interests
ONEOK, Inc. (NYSE: OKE) has announced a significant expansion of its energy infrastructure portfolio through two major acquisitions from Global Infrastructure Partners (GIP), valued at approximately $5.9 billion. The transactions include the acquisition of GIP’s entire stake in EnLink Midstream, LLC (NYSE: ENLC) and 100% of the equity interests in Medallion Midstream, LLC. Under the […]