Merger activity decreased last week with four new deals announced and four deals completed.
Founded in 2013 and headquartered in Oklahoma, Enable Midstream Partners (ENBL) owns, operates, and develops midstream energy infrastructure assets in the United States. On February 17, 2021, ENBL agreed to be acquired by Energy Transfer (ET), a provider of energy-related services. With the acquisition of ENBL, Energy Transfer will be able to increase its footprint across multiple regions and provide increased connectivity for its natural gas and NGL transportation businesses.
On February 21, The Wall Street Journal reported that M&T Bank (MTB) is nearing a deal to buy People’s United Financial (PBCT) for more than $7 billion.
You can find all the active deals listed below in our Merger Arbitrage Tool (MAT) that automatically updates itself during market hours.
There were two new deals announced in the Deals in the Works section last week.