2:00 PMBloomberg Markets
Williams Said to Near $5.5 Billion Deal for Momentum Midstream
Summary
Williams is in advanced talks to buy Momentum Midstream for about $5.5 billion. The transaction would rank among Williams' largest acquisitions if completed.
Why it matters
A $5.5 billion midstream deal would accelerate consolidation in gas infrastructure and can reset valuation and deal appetite across the sector.