Energy Transfer (ET) Announces Receipt of Consents to Acquisition of Enable Midstream (ENBL) from Majority Unitholders
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Energy Transfer Announces Receipt of Consents to the Acquisition of Enable Midstream from Majority Unitholders
April 12, 2021 12:15 PM EDTDALLAS & OKLAHOMA CITY--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) and Enable Midstream Partners, LP (NYSE: ENBL) today announced that following the Securities and Exchange Commission declaring effective the Registration Statement on Form S-4 on April 7, 2021, the two largest Enable unitholders have delivered their written consents to approve the merger of Enable into Energy Transfer. These unitholders, CenterPoint Energy, Inc. (CNP) and OGE Energy Corp (OGE), own approximately 79% of Enables outstanding common units. While the consents of CNP and OGE are sufficient to approve the transaction,... More
