Brief: Black Hills And Northwestern Energy To Combine In All-Stock Merger To Create A Premier Regional Regulated Electric And Natural Gas Utility Company
19/08/2025 12:21
Aug 19 (Reuters) - NorthWestern Energy Group Inc NWE.O: BLACK HILLS CORP. AND NORTHWESTERN ENERGY TO COMBINE IN ALL-STOCK MERGER TO CREATE A PREMIER REGIONAL REGULATED ELECTRIC AND NATURAL GAS UTILITY COMPANY NORTHWESTERN ENERGY GROUP INC - MERGER TO CREATE UTILITY COMPANY WITH $7.8 BILLION MARKET CAP NORTHWESTERN ENERGY GROUP INC - SHAREHOLDERS TO RECEIVE 0.98 BLACK HILLS SHARES UNDER DEAL NORTHWESTERN ENERGY GROUP INC: MERGER EXPECTED TO BE ACCRETIVE TO EACH COMPANY'S EPS IN FIRST YEAR FOLLOWING CLOSE OF TRANSACTION NORTHWESTERN ENERGY GROUP INC - BLACK HILLS SHAREHOLDERS TO OWN 56% OF COMBINED COMPANY NORTHWESTERN ENERGY GROUP - BRIAN BIRD TO BE CEO OF COMBINED COMPANY NORTHWESTERN ENERGY GROUP INC: PROPOSED DEAL FOR COMBINED ENTERPRISE VALUE OF $15.4 BILLION NORTHWESTERN ENERGY GROUP: COMBINED CO SUPPORTS INCREASED LONG-TERM EPS TARGET GROWTH RATE OF 5% TO 7% NORTHWESTERN ENERGY GROUP: CRYSTAL LAIL TO SERVE AS CFO OF COMBINED CO Source text: ID:nGNX7Czg72 Further company coverage: NWE.O ((Reuters.Briefs@thomsonreuters.com;))