ONEOK strengthens again: buying GIP stakes in EnLink, Medallion

ONEOK ( OKE ) is acquiring Global Infrastructure Partners’ ( GIP ) stake in EnLink Midstream ( ENLC ) as well as privately held Medallion Midstream in a pair of deals valued at a total of $5.9 billion. Both transactions are expected to close in early 4Q24. Following the initial transaction, ONEOK intends to acquire the remaining public interest in ENLC in a (…)

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