BRIEF-Diversified Energy Buys Maverick Natural Resources For About $1.28 Bln

Reuters
27 Jan
BRIEF-Diversified Energy Buys Maverick Natural Resources For About $1.28 Bln

Jan 27 (Reuters) - Diversified Energy Company PLC DEC.N:

  • DIVERSIFIED ACQUIRES MAVERICK NATURAL RESOURCES

  • DEAL TO BUY MAVERICK NATURAL RESOURCES FOR TOTAL CONSIDERATION OF APPROXIMATELY $1,275 MILLION

  • ACQUISITION EXPECTED TO BE ACCRETIVE TO CASH FLOW AND LEVERAGE

  • COMBINED COMPANY TO HAVE ENTERPRISE VALUE OF $3.8 BILLION

Source text: ID:nRSa7653Ua

Further company coverage: DEC.N

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

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