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ONEOK, Inc. Completes Merger with Falcon TopCo, Inc.

PRIVATESep 10, 2026about 4 hours ago

Acquiring Company

Oneok

Acquired Company

Falcon TopCo

OklahomaEnergyOil And Gas

Description

ONEOK, Inc. has successfully completed a merger with its subsidiary Falcon TopCo, Inc., marking the implementation of a new holding company structure. This reorganization was formalized through a Merger Agreement, resulting in Legacy ONEOK merging with Falcon Merger Sub, L.L.C. The surviving entity will be Falcon Merger Sub as a wholly owned subsidiary of Falcon TopCo.

Company Information

Company

Oneok

About

ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Permian and Mid-Continent regions with key market centers and owns an extensive network of gathering, processing, fractionation, transportation and storage assets. More information is available at www.oneok.com. ONEOK is a FORTUNE 500 company and is included in the S&P 500.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Falcon TopCo?

Falcon TopCo was acquired by Oneok. The deal was reported on September 10, 2026. ONEOK, Inc. Oneok is privately held and operates in Energy.

When did Oneok acquire Falcon TopCo?

Oneok's acquisition of Falcon TopCo was reported on September 10, 2026. ONEOK, Inc. has successfully completed a merger with its subsidiary Falcon TopCo, Inc., marking the implementation of a new holding company structure. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Falcon TopCo do?

Falcon TopCo, Inc. is a wholly owned subsidiary of ONEOK, formed for the purpose of the recent organizational reformation. It serves as an intermediary in the restructuring process, facilitating the transition to a holding company structure. It is privately held, and is based in Oklahoma.

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