Brief: Diversified Announces Accretive Acquisition Of Birch
03/09/2026 24:28
BRIEF-Diversified Announces Accretive Acquisition Of Birch Sept 2 (Reuters) - Diversified Energy Co DEC.N:
DIVERSIFIED ANNOUNCES ACCRETIVE ACQUISITION OF BIRCH
DIVERSIFIED ENERGY CO - ACQUISITION VALUED AT $1.80 BILLION, PRIMARILY FUNDED BY $1.50 BILLION ASSET-BACKED SECURITIZATION
DIVERSIFIED ENERGY CO - ACQUISITION SUBJECT TO $50 MILLION BREAK FEE, EXPECTED TO CLOSE IN Q4 2026
DIVERSIFIED ENERGY CO - ACQUISITION EXPECTED TO INCREASE PRODUCTION BY ~35% AND ADJUSTED EBITDA BY ~55%
DIVERSIFIED ENERGY CO - ACQUISITION EXPECTED TO ADD $548 MILLION ANNUALIZED ADJUSTED EBITDA
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