Expand Energy to buy Twin Eagle for $1.25 billion in cash deal - EXE News | RalliesExpand Energy to buy Twin Eagle for $1.25 billion in cash deal
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EXE• Expand Energy to acquire Twin Eagle in $1.25 billion cash transaction
- Expand Energy agreed to buy Twin Eagle, an independent asset-backed natural gas marketing and optimization business, in a merger transaction.
- Deal consideration set at USD 1.25 billion, subject to post-closing adjustments for working capital, cash, debt, unpaid transaction expenses.
- USD 62.5 million cash deposit paid on signing.
- Transaction requires key regulatory clearances; outside date set for Jan. 24, 2027, subject to certain extensions.
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