ONEOK Bolsters Portfolio With EnLink Acquisition, $4.3 Billion Deal Unveiled
ONEOK Bolsters Portfolio With EnLink Acquisition, $4.3 Billion Deal Unveiled
ONEOK will issue approximately 37 million shares, representing about 6% of its total shares outstanding after the transaction.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.
enlink midstream公司（紐交所:ENLC）股價週一盤前上漲，此前披露與ONEOk公司（紐交所:OKE）達成價值43億美元的合併交易。
As per the deal, each EnLink common unit not owned by ONEOK will be exchanged for 0.1412 shares of ONEOK stock.
根據交易協議，ONEOk未持有的每個EnLink普通單位將按0.1412股ONEOk股票進行交換。
This exchange ratio reflects EnLink's closing price of $15.75 on November 22, 2024, divided by ONEOK's 10-day volume-weighted average price (VWAP).
這個交換比率反映了EnLink在2024年11月22日的收盤價15.75美元，除以ONEOK的10天成交量加權平均價（VWAP）。
ONEOK will issue approximately 37 million shares, representing about 6% of its total shares outstanding after the transaction.
ONEOk將發行約3700萬股，佔交易後其總流通股份的約6%。
ONEOK, which holds approximately 44% of EnLink's common units, has committed to voting in favor of the transaction.
ONEOk持有EnLink約44%的普通單位，並承諾投票支持這項交易。
The transaction, subject to customary closing conditions, is expected to close in the first quarter of 2025.
該交易將根據慣例的關閉條件完成，預計將於2025年第一季度結束。
The merger's completion requires approval from a majority of EnLink's outstanding common units, including those owned by ONEOK, and satisfaction of other customary closing conditions.
合併完成需要獲得大多數EnLink的普通單位（包括ONEOk擁有的單位）的批准，以及其他慣例的關閉條件的滿足。
Pierce H. Norton II, ONEOK president and chief executive officer, said, "This tax-free transaction to acquire the remaining outstanding EnLink units is expected to be accretive to ONEOK shareholders and provide EnLink unitholders with significantly greater trading liquidity and an attractive dividend yield."
ONEOk總裁兼首席執行官皮爾斯·H·諾頓二世表示：「這筆免稅交易旨在收購剩餘的未持有EnLink單位，預計將對ONEOk股東有益，併爲EnLink持有人提供更大的交易流動性和具有吸引力的股息率。」
In October 15, 2024, ONEOK disclosed the successful completion of its acquisition of Global Infrastructure Partners' (GIP) entire interest in EnLink for a total cash consideration of approximately $3.3 billion.
2024年10月15日，ONEOk披露了成功完成對Global Infrastructure Partners（GIP）在EnLink的全部利益收購，總現金考慮金額約爲33億美元。
Investors can gain exposure to the OKE stock via Global X MLP & Energy Infrastructure ETF (NYSE:MLPX) and Tortoise North American Pipeline ETF (NYSE:TPYP).
投資者可以通過Global X MLP＆Energy Infrastructure ETF（NYSE:MLPX）和tortoise north american pipeline etf（紐交所:TPYP）獲得OKE股票曝光。
Price Action: ENLC shares are up 1.27% at $15.95 premarket at the last check Monday.
價格走勢：ENLC股價在週一最後一次覈對前盤前上漲1.27%，報15.95美元。
Photo via Shutterstock
圖片來自shutterstock
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譯文內容由第三人軟體翻譯。
