ONEOK to acquire the remaining 57% stake in EnLink Midstream for $4.3bn.

ONEOK, an American corporation focused on the natural gas industry, agreed to acquire the remaining 57% stake in EnLink Midstream, an independent midstream energy services company, for $4.3bn. "This tax-free transaction to acquire the remaining outstanding EnLink units is expected to be accretive to ONEOK shareholders and provide EnLink unitholders with significantly greater trading liquidity and an attractive dividend yield," Pierce H. Norton II, ONEOK President and CEO.