In a significant energy deal in Pennsylvania, Kirkland & Ellis represents EQT Corp. in its pending all-stock acquisition of Equitrans Midstream Corp., which turned to Latham & Watkins for the deal that will create a combined company valued at more than $35 billion.
On Monday, Pittsburgh–based EQT, which is the largest natural gas producer in the Appalachian Basin, and Equitrans, based in Canonsburg, Pennsylvania, announced a definitive merger agreement for the deal that creates a vertically integrated company prepared to compete globally. The deal is expected to close in the fourth quarter of 2024.
