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ONEOK Closes $9 Billion Minority Equity Investment With Apollo

ONEOK Closes $9 Billion Minority Equity Investment With Apollo

MT newswireMT newswire2026/09/10 21:03
05:03 PM EDT, 09/10/2026 (MT Newswires) -- ONEOK (OKE) said late Thursday it has closed a minority equity investment from funds and affiliates managed by Apollo (APO). Apollo invested $9 billion for a non-voting Class B minority interest in a newly formed ONEOK Holdings, which is structurally subordinate to the company's debt, the firm said.
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