Oneok Inc. to Buy Remaining Stake in Oneok Partners
Source: BFW (Bloomberg First Word)
Tickers
OKE US (ONEOK Inc)
OKS US (ONEOK Partners LP)
Topics
Holding Increases
To de-activate this alert, click here
UUID: 7947283
(Bloomberg) -- Oneok Inc. to buy all outstanding common units of Oneok Partners it doesn’t already own for $9.3b in stock.
Alert: HALISTER- Deal represents ~22% premium to Oneok Partners close on Jan. 27
- Will recommend 21% increase in first quarterly dividend after completion of deal and sees 9%-11% annual dividend growth rate through 2021
- Statement: ONEOK Announces Agreement to Acquire Remaining Public Stake in ONEOK Partners in a Transaction Valued at $17.2 Billion
Source: BFW (Bloomberg First Word)
Tickers
OKE US (ONEOK Inc)
OKS US (ONEOK Partners LP)
Topics
Holding Increases
To de-activate this alert, click here
UUID: 7947283