secwatch.observer — SEC 8-K summary
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Issuer:     Energy Transfer LP (ET)
CIK:        0001276187
Form:       8-K
Filed at:   2021-12-03T23:59:59+00:00
Accession:  0001193125-21-347992
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Transfer completes Enable Midstream acquisition; COO to retire in April
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- Enable common unitholders received 0.8595 ET common units per unit; Enable Series A preferred exchanged for 0.0265 ET Series G preferred.
- Combined pipeline network exceeds 114,000 miles and expected annual cost synergies >$100 million.
- COO Matthew S. Ramsey to retire effective April 1, 2022, but will remain on ET’s Board of Directors.
- Transaction includes $10 million cash payment for Enable's general partner; immediately accretive and aids deleveraging.
- Enable’s common units ceased trading on NYSE as of Dec. 3, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276187/000119312521347992/0001193125-21-347992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276187/000119312521347992/d199682d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-347992

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