Brief: Chesapeake Utilities Corporation Expands Its Footprint Into The Carolinas With Propane Acquisition

Chesapeake Utilities

16/12/2021 24:02

Dec 15 (Reuters) - Chesapeake Utilities Corp  CPK.N :
    * CHESAPEAKE UTILITIES CORPORATION EXPANDS ITS FOOTPRINT
INTO THE
CAROLINAS WITH PROPANE ACQUISITION
    * CHESAPEAKE UTILITIES CORP -  ITS PROPANE SUBSIDIARY, SHARP
ENERGY, HAS ACQUIRED PROPANE OPERATING ASSETS OF DIVERSIFIED
ENERGY COMPANY
    * CHESAPEAKE UTILITIES CORP-DEAL EXPECTED TO BE ACCRETIVE TO
CHESAPEAKE UTILITIES' 2022 EARNINGS, ADDING ABOUT $11.3 MILLION
IN GROSS MARGIN FOR 2022

Source text for Eikon:  ID:nPn9HQqjBa 
Further company coverage:  CPK.N 

 ((Reuters.Briefs@thomsonreuters.com;))