ONEOK Closes $9 Billion Apollo Minority Equity Stake in Holdings
$9B cash close Sep. 10; AP Falcon Holdings LLC; nonvoting Class B; structurally subordinate; credit-enhancing per ONEOK; Brazos not closed.
$9B cash close Sep. 10; AP Falcon Holdings LLC; nonvoting Class B; structurally subordinate; credit-enhancing per ONEOK; Brazos not closed.
Adj EPS $1.09 vs FactSet $1.06; sales $34.621B vs $34.64B; ID sales w/o fuel +0.2%; FY ID guide 0.2% to...
GAAP net rev $922.2M (+2.6%) vs LSEG ~$915M; FY rev growth guide 5.5% to 7.0% vs ~5.6% sought; PM about...
$10.50/sh cash; about 45% premium to Aug. 10 unaffected close; ACV AH over +40%; Copart Q4 rev $1.15B, EPS $0.35...
EV about $8.1B; equity market cap about $5.0B; exchange 3.800; 44,354 units; ownership about 78%/22%; targeted close as early as...
Company EV $1.355B labeled as a round; equity about $1.79B; $295M shareholder roll; close expected Q4 2026 subject to approvals.
Combined enterprise value more than 10 billion euros (~$11.6B); Silver Lake stays majority; Christian Pedersen to lead; close targeted H1...
Anonymous sources cite JPMorgan work and ~$250 million EBITDA at an illustrative 20 times; no deal guaranteed.
ASX-listed Austal rose 7.1 percent on the syndicate IOI; four-week diligence ahead, no definitive deal.
Up to $200 million contingent on top of the upfront cash; close targeted by year-end 2026 subject to HSR.
© 2026 Cedar Global Markets