ONEOK Inc. last Thursday said it entered into an agreement to purchase Northern Plains Natural Gas Co. from a joint venture of Southern Union Co. and a General Electric unit for $175 million, conditioned on that partnership’s success in completing the acquisition of Enron Corp.’s pipeline unit, CrossCountry Energy LLC, which includes Northern Plains.
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ONEOK Enters Deal to Buy Northern Plains for $175M
ONEOK Inc. on Thursday said it entered into an agreement to purchase Northern Plains Natural Gas Co. from a joint venture of Southern Union Co. and a General Electric unit for $175 million, conditioned on that partnership’s success in completing the acquisition of Enron Corp.’s pipeline unit, CrossCountry Energy LLC, which includes Northern Plains.
September 20, 2004
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