Buys pipeline operator: Energy Transfer Williams

Published: September 28, 2015

Buys pipeline operator: Energy Transfer Williams, A Williams Companies natural gas drilling rig in Rifle, Colorado.
Energy Transfer Equity is buying pipeline operator The Williams Cos. for approximately $32.61 billion.

The companies said Monday that the combination creates one of the five biggest energy companies in the world.

Energy Transfer Equity will pay $43.50 per share, a 4.6 percent premium to Williams’ Friday closing price of $41.60.

Williams’ shareholders can choose either shares of Energy Transfer Equity affiliate Energy Transfer Corp., cash or a combination of both.

The companies put the deal’s value at about $37.7 billion, including debt and other liabilities.

Williams’ stockholders will also receive a one-time special dividend of 10 cents per share that will be paid immediately before the acquisition closes.


Please feel free to send if you have any questions regarding this post , you can contact on



Comments are closed.

Copyright ©2010-15 AP - United States America