Williams Said to Near $5.5 Billion Deal for Momentum Midstream

Williams Cos. is currently in advanced discussions to acquire rival natural gas pipeline operator Momentum Midstream. The deal is valued at approximately $5.5 billion, which would represent one of the largest acquisitions ever undertaken by Williams Cos. According to people familiar with the matter, the two companies are nearing a final agreement for this significant transaction within the natural gas infrastructure sector, expanding the operational reach of the acquiring entity through this strategic move.