# Energy Transfer to acquire SemGroup in $5 billion deal

Energy Transfer LP has agreed to acquire SemGroup Corporation in a unit and cash transaction valued at $5 billion, including debt assumption, to enhance crude oil and NGL infrastructure and export capabilities.

- Type: Acquisition
- Announced: 2019-09-15
- Where: United States
- Value: $5.00B
- Status: announced
- Products: crude oil, natural gas liquids
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [SemGroup](https://endata.com/companies/19437.md) (target)
- [Energy Transfer](https://endata.com/companies/42123.md) (acquirer)

## Sources

- [ir.energytransfer.com](https://ir.energytransfer.com/news-releases/news-release-details/energy-transfer-acquire-semgroup-5-billion-transaction/), 2019-09-16: "Energy Transfer LP today announced that it has entered into a definitive merger agreement whereby Energy Transfer will acquire SemGroup Corporation in a unit and cash transaction valued at $17 per share, or a total consideration including the assumption of debt of approximately $5 billion."
- [news.alphastreet.com](https://news.alphastreet.com/semgroups-stock-jumps-on-deal-with-energy-transfer/), 2019-09-16: "This acquisition will expand Energy Transfer's geographic footprint and help increase the connectivity for its crude oil and NGL transportation businesses."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1489136/000119312519245917/d805561d8k.htm), 2019-09-16: "On September 15, 2019, SemGroup Corporation entered into an Agreement and Plan of Merger with Nautilus Merger Sub LLC, a wholly owned subsidiary of ET, and Energy Transfer LP."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.