newsfilter
← Latest News
Business Wire·

KKR and Williams to Acquire Discovery Midstream for $1.2 Billion

HOUSTON--(BUSINESS WIRE)--KKR today announced that it has entered into an agreement to acquire Discovery Midstream (“Discovery”) from TPG Growth for approximately $1.2 billion. KKR is acquiring the provider of natural gas and oil gathering and natural gas processing services company through a newly formed joint venture with Williams (NYSE:WMB). The transaction is being funded primarily through KKR’s energy and infrastructure funds.