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Benzinga
Benzinga
Business
Lekha Gupta

ONEOK Bolsters Portfolio With EnLink Acquisition, $4.3 Billion Deal Unveiled

ONEOK ENLC OKE

EnLink Midstream, LLC (NYSE:ENLC) shares traded higher premarket on Monday after it disclosed a merger deal with ONEOK, Inc. (NYSE:OKE) for $4.3 billion.

As per the deal, each EnLink common unit not owned by ONEOK will be exchanged for 0.1412 shares of ONEOK stock.

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