Brief: Chesapeake Utilities Corporation To Acquire Florida City Gas

Chesapeake Utilities

26/09/2023 23:19

Sept 26 (Reuters) - Chesapeake Utilities Corp  CPK.N :
    * CHESAPEAKE UTILITIES CORPORATION TO ACQUIRE FLORIDA CITY
GAS
    * CHESAPEAKE UTILITIES CORP - PROPOSED DEAL FOR FOR $923
MILLION
IN CASH
    * CHESAPEAKE UTILITIES CORP - INTEND TO FINANCE TRANSACTION
THROUGH A COMBINATION OF LONG-TERM DEBT AND EQUITY
    * CHESAPEAKE UTILITIES CORP: FCG WILL BECOME A WHOLLY OWNED
SUBSIDIARY OF CHESAPEAKE UTILITIES
    * CHESAPEAKE UTILITIES CORP - HAS ALSO OBTAINED COMMITTED
FINANCING FROM BARCLAYS TO FUND PURCHASE PRICE
    * CHESAPEAKE UTILITIES CORP SEES EPS IN RANGE OF $7.75 TO
$8.00
PER SHARE FOR 2028

Source text for Eikon:  ID:nPn6nBq7ya 
Further company coverage:  CPK.N 

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