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Texas Energy Biz Sells Gulf Coast Assets In $280M Deal

Law 360 M&A

Houston-based midstream company Eastern Energy on Monday unveiled plans to sell its Gulf Coast Liquids Pipeline System to natural gas transmission company OneOK Inc., advised by Haynes and Boone LLP, for roughly $280 million.

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Why Magellan Midstream Partners Stock Is Rising Monday

Benzinga

NYSE: MMP ) shares are trading higher Monday after the company announced a merger with ONEOK Inc (NYSE: OKE ). What Happened: Magellan and ONEOK executed a definitive merger agreement in which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction valued at.

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Oneok shakes up the midstream industry

Valutico

Weekly Valuation – Valutico | May 24, 2023 Link to the valuation About the company Oneok Inc., Connecting NGL supply across the Mid-Continent, Permian, and Rocky Mountain regions to vital market centers, Oneok plays a pivotal role in the country’s energy industry. About the deal Oneok has confirmed an USD 18.8

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ONEOK Buys Magellan Midstream Plan For $19B To Boost Offering

Benzinga

ONEOK Inc (NYSE: OKE ) penned a merger deal Magellan Midstream Partners LP (NYSE: MMP ) valued at around $18.8 in cash and 0.6670 shares of ONEOK common stock to each MMP unitholder, representing a current implied value of $67.50 The combined company, with an enterprise value. billion , including assumed debt.

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Kirkland, Latham Steer $18.8B Energy Infrastructure Biz Deal

Law 360 M&A

Energy infrastructure company ONEOK Inc., advised by Kirkland & Ellis LLP, on Sunday announced that it has agreed to buy refined petroleum products and crude oil transporter Magellan Midstream Partners, represented by Latham & Watkins LLP, in a cash-and-stock transaction valued at $18.8

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