Oneok to Buy Natural Gas Assets With $9 Billion Apollo Stake
Deals·1 article across 1 outlet
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Oneok Inc. said it has agreed on a $9 billion investment by Apollo Global Management Inc. and affiliates to buy Brazos Midstream Holdings LLC’s natural gas operations in West Texas and pay down debt.
The investment will enhance Oneok's portfolio in the natural gas sector while also addressing its debt obligations.
OneokApolloBrazos Midstream
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“Oneok Inc. said it has agreed on a $9 billion investment by Apollo Global Management Inc. and affiliates to buy Brazos Midstream Holdings LLC’s natural gas operations in West Texas and pay down debt.”
Bloomberg — Oneok to Buy Natural Gas Assets With $9 Billion Apollo Stake