Chesapeake to buy Southwestern Energy in $7.4 billion deal
11/01/2024 11:03
Jan 11 (Reuters) - Chesapeake Energy CHK.O said on Thursday it would buy smaller rival Southwestern Energy SWN.N in an all-stock transaction valued at $7.4 billion, enabling the second-largest U.S. natural gas producer to take the top spot. (Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila) ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))
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