US midsized energy company Chesapeake Energy agreed to acquire peer Southwestern Energy for $7.4 billion, establishing a giant in natural gas production,
US midsized energy company Chesapeake Energy agreed to acquire peer Southwestern Energy for $7.4 billion, establishing a giant in natural gas production, the companies announced Thursday. Under the all-stock transaction, the combined company expects to achieve economies of scale in drilling and boast an investment-grade balance sheet. “This powerful combination redefines the natural gas producer, […]
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https://insiderpaper.com/chesapeake-energy-to-buy-southwestern-for-7-4-bn/
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