ONEOK seals $18.8Bln deal with Magellan to combine oil and gas hub assets in US Gulf Coast

Tuesday, 23 May 2023

LNG News Editor: 

US energy infrastructure company ONEOK Inc. has signed a definitive merger agreement with Magellan Midstream Partners in a cash-and-stock transaction valued at around $18.8 billion to combine the two Oklahoma-based energy groups.

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