Denbury shareholders approve merger with Exxon Mobil
31/10/2023 18:30
Oct 31 (Reuters) - Denbury DEN.N said on Tuesday its
shareholders approved the company's merger with Exxon Mobil
XOM.N , with the deal closing expected on Nov. 2.
Exxon Mobil in July agreed to buy the Plano, Texas-based
Denbury for $4.9 billion to accelerate its energy transition
business with an established carbon dioxide (CO2) sequestration
operation.
(Reporting by Seher Dareen in Bengaluru; Editing by Shailesh
Kuber)
((Seher.Dareen@thomsonreuters.com; If in India call +91 74832
70128, if within U.S. call +1 646 223 8780;))