M&A: DT Midstream, Inc.

Form Type: 8-K

Filing Date: 2024-12-31

Corporate Action: Acquisition

Type: New

Accession Number: 000094787124001058

Comments: On December 31, 2024, DT Midstream, Inc. announced the successful closing of its acquisition of Guardian Pipeline, L.L.C., Midwestern Gas Transmission Company, and Viking Gas Transmission Company from ONEOK Parties for a total purchase price of $1.2 billion. The transaction acquires 100% of the equity interests in these companies, which own certain pipelines and related assets in the Midwestern United States. This acquisition follows the purchase and sale agreement dated November 19, 2024. The details of the Purchase Agreement reference a previously filed document and clarify that no pro forma financial statements are required as the transaction does not exceed the significance tests under Regulation S-X 3-05. Furthermore, a press release regarding the transaction's closing was issued on the same day, and further details about future risks and uncertainties were also discussed, which could affect the company’s results and operations moving forward.

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