FANG - Energy Transfer to buy WTG Midstream in $3.25B cash and stock deal
2024-05-28 08:32:23 ET
- Energy Transfer ( NYSE: ET ) +0.4% pre-market Tuesday after saying it agreed to acquire WTG Midstream Holdings from affiliates of Diamondback Energy ( FANG ), Stonepeak and the Davis Estate for ~$3.25B, comprised of $2.45B in cash and ~50.8M newly issued Energy Transfer common units.