M&A · Energy · Buyer's industry: Natural Gas Transmission
Kinetik Holdings Inc. to acquire Durango Midstream's New Mexico Gathering and Processing System
Announced Jun 28, 2024 · Closed Jun 28, 2024 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- Kinetik Holdings Inc. (KNTK)
- Target
- Durango Midstream's New Mexico Gathering and Processing System
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 28, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Energy
- Buyer's industry
- Natural Gas Transmission