M&A
confidence high
sentiment neutral
materiality 0.70
Energy Transfer to issue up to 50.8M common units for WTG Midstream acquisition
Energy Transfer LP
- Wholly owned subsidiary to acquire WTG Midstream Holdings LLC; deal expected to close Q3 2024.
- Up to 50,827,536 common units (ET) to be issued as partial consideration via private offering under Section 4(a)(2).
- Acquisition subject to regulatory approval and customary closing conditions.