ONEOK Buys Energy Assets for $5.9 Billion

Natural gas transport operator ONEOK has struck a deal to acquire interests in two energy companies for a total consideration of $5.9 billion. One of the acquisitions will be a 43% stake in EnLink Midstream, the Wall Street Journal reported. The seller is Global Infrastructure Partners and the size of the deal is $3.3 billion. The other acquisition is for Global Infrastructure Partners’ stake in a company called Medallion Midstream for $2.6 billion. ONEOK is one of the largest energy infrastructure operators in North America. It has a network…