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ONEOK Acquires Midstream's Natural Gas Assets For $4.425 Bln
Source: Nasdaq
M&A & RestructuringCompany FundamentalsEnergy Markets & Prices
ONEOK completed its acquisition of Brazos Midstream's natural gas gathering and processing assets in the Permian Midland Basin for approximately $4.425 billion in cash. The transaction expands ONEOK's midstream asset base; the article provides no details on financing, expected returns, or market reaction.
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