Energy Transfer to buy Vaquero Midstream for $2.63 billion in cash-and-stock deal

Live updates

1. 2h ago

   Energy Transfer to buy Vaquero Midstream for $2.63 billion

   Energy Transfer has agreed to acquire Vaquero Midstream in a cash-and-stock deal valued at $2.63 billion. The acquisition is expected to expand Energy Transfer's presence in the midstream energy sector. Vaquero Midstream's assets and operations will be integrated into Energy Transfer's existing business.

   Why it matters

   This acquisition marks a significant move by Energy Transfer to grow its midstream capabilities. The deal reflects the company's strategy to expand its footprint in the energy sector through strategic acquisitions. The integration of Vaquero Midstream's assets is expected to enhance Energy Transfer's service offerings and increase its market presence.

   What is confirmed

   • Energy Transfer will acquire Vaquero Midstream for $2.63 billion.
   • The acquisition is a cash-and-stock deal.

   What to watch next

   • Completion of the acquisition
   • Integration of Vaquero Midstream's assets into Energy Transfer's operations
   • Impact on Energy Transfer's market presence and service offerings
   Sources used for this update (7)

   1. Reuters — Energy Transfer to buy Vaquero Midstream for $2.63 billion in cash-and-stock deal
   2. Business Wire — Energy Transfer to Acquire Vaquero Midstream in a $2.625 Billion Transaction
   3. Seeking Alpha — Energy Transfer to buy Vaquero Midstream in $2.62B cash-and-stock deal (ET:NYSE)
   4. Bloomberg.com — Energy Transfer to Buy Vaquero Midstream in $2.63 Billion Deal
   5. Yahoo Finance — Energy Transfer Just Agreed to Buy Vaquero Midstream for $2.6 Billion. Here's What It Means for Investors.
   6. WSJ — Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion
   7. www.bitget.com — IceCream News Today | Latest ICE Updates
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