Williams Said to Near $5.5 Billion Deal for Momentum Midstream
AI Summary
Williams Companies is reportedly in advanced negotiations to acquire Momentum Midstream, a natural gas pipeline operator, for approximately $5.5 billion. This potential deal would rank among Williams' largest acquisitions to date.
Williams Cos. is in advanced talks to acquire rival natural gas pipeline operator Momentum Midstream for about $5.5 billion in what would be one of its largest deals ever, people familiar with the matter said.