Acquisitions and mergers
Matador Resources Company announces contribution of Pronto Midstream, LLC to San Mateo Midstream, LLC
The transaction is expected to close prior to 31 December 2024.
Summit Midstream Corporation completes acquisition of Tall Oak Midstream III
Summit Midstream Corporation has announced that it has completed its acquisition of Tall Oak Midstream III.
ONEOK announces agreement to acquire outstanding shares in EnLink Midstream
ONEOK, Inc. and EnLink Midstream, LLC have announced that they have executed a definitive merger agreement under which ONEOK will acquire all of the outstanding publicly held common units of EnLink for US$4.3 billion in ONEOK common stock.
Progressive Pipeline Management acquired by Platform Partners
The pipeline rehabilitation contractor’s acquisition was announced by Commonwealth M&A.
Penspen completes acquisition of Aberdeen’s C&I Engineering Solutions
Addition of controls and instrumentation engineering specialist bolsters company’s growth strategy.
ONEOK announces closing of controlling interest in Enlink Midstream
The acquisition consists of 43% of EnLink's outstanding common units for US$14.90 per unit and 100% of the interests in the managing member for US$300 million.
Pigs Unlimited International, LLC, acquires assets of the manufacturing division of Pipeline Pigging Products
Pigs Unlimited International, LLC, has acquired the assets of the manufacturing division of Pipeline Pigging Products.
Reuters: Italgas signs US$5.8 billion deal to buy smaller rival 2i Rete Gas
Reuters has reported that Italgas will buy rival 2i Rete Gas in a €5.3 billion (US$5.8 billion) deal.
Martin Midstream Partners L.P. to be acquired by Martin Resource Management Corporation
Martin Midstream Partners L.P. has announced a definitive agreement and plan of merger, pursuant to which Martin Resource Management Corporation would acquire all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.
Summit Midstream announces acquisition of Tall Oak Midstream
Tailwater Capital has announced that it has entered into definitive agreements with Summit Midstream Corporation, whereby Summit will acquire Tall Oak Midstream and its subsidiaries for a total consideration of approximately US$450 million.