A major acquisition is underway, with a total value of $4.425 billion. This purchase involves assets in the Permian Midland Basin. The buyer is ONEOK, and the seller is Brazos Midstream.

Further information about this deal can be found through the source. Details of the acquisition are limited, but it appears to be a significant move for ONEOK.

The acquisition is expected to have a positive impact on ONEOK's goals, increasing momentum toward a higher target.