Energy Transfer (ET) to Acquire Enable Midstream Partners (ENBL) in $7 Billion All-Equity Transaction
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Energy Transfer to Acquire Enable Midstream in $7 Billion All-Equity Transaction
February 17, 2021 6:30 AM ESTAll-equity, credit-accretive bolt-on acquisition Complementary assets with significant integration opportunities Enhances midstream infrastructure with increased connectivity throughout Mid-Continent and U.S. Gulf Coast Adds investment grade credit profile and diversified asset base anchored by strong customers and fee-based contracts $100 million of operational / cost synergy opportunities expected, excluding additional upside from potential financing and commercial synergies
DALLAS & OKLAHOMA CITY--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) (ET or Energy Transfer) and Enable Midstream Partners, LP (NYSE:... More
