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2PointZero’s ePointZero Enters U.S. Market, Completes Acquisition of Traverse Midstream Partners for USD 2.25 Billion
Two Point Zero Group P.J.S.C
·
AE
ADX
·
General Disclosure | Announcements
·
July 14, 2026
·
View on exchange
AI Summary
ePointZero, a subsidiary of 2PointZero, completed the acquisition of Traverse Midstream Partners for a total consideration of USD 2.25 billion.
The transaction marks the formal entry of ePointZero and 2PointZero into the United States market.
The completion of the acquisition was officially announced via the XADS exchange on July 14, 2026.
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2PointZero’s ePointZero Enters U.S. Market, Completes Acquisition of Traverse Midstream Partners for USD 2.25 Billion
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Qatar Index
10,103.22
+0.1%
DFM Index
5,902.19
+0.2%
TASI
10,701.48
-0.1%
Emirates NBD
29.78
-0.2%
Dubai Electricity & Water Authority
2.71
0.0%
EMAAR
11.48
-0.2%
Dubai Islamic Bank
7.56
+0.5%
ADNOC GAS
3.35
-0.3%
First Abu Dhabi Bank
17.80
-0.3%
Emirates Telecom
20.42
-1.2%
Abu Dhabi Commercial Bank
14.44
-0.3%
ALRAJHI
64.45
0.0%
SNB
37.76
+1.2%
MAADEN
56.60
-1.0%
SABIC
52.05
-0.6%
Boubyan Bank
0.63
+0.2%
Commercial Bank Of Kuwait
0.49
-0.2%
Burgan Bank
0.19
-0.5%
Al-ahli Bank Of Kuwait
0.26
0.0%
QNB
17.22
-1.0%
Industries Qatar
10.86
+0.6%
Qatar Islamic Bank
21.33
+1.6%
Ooredoo
13.15
0.0%