July 30, 2018 / 11:17 AM / 18 days ago

KKR, Williams Cos form JV to buy Discovery Midstream for $1.2 bln

July 30 (Reuters) - Private equity firm KKR and Co said on Monday it will form a joint venture with oil and gas producer Williams Cos Inc to buy Discovery Midstream from TPG Growth for about $1.2 billion.

Discovery, a a Dallas-based oil and gas services provider, will be led by its existing management team, once the deal closes. (Reporting by Anirban Paul in Bengaluru; Editing by Shounak Dasgupta)

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