Diversified Energy Company to raise $123.3m from share offering towards Maverick deal
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Diversified Energy Company PLC plans to raise $123.3 million through a share offering to fund its acquisition of Maverick Natural Resources. The shares are priced at $14.50 each for US investors, with the offering expected to settle soon.
February 20, 2025 | 8:15 am
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Diversified Energy Company PLC is raising $123.3 million through a share offering to fund its acquisition of Maverick Natural Resources. The shares are priced at $14.50 each for US investors.
The share offering is directly linked to funding the acquisition of Maverick Natural Resources, which is a significant strategic move for DEC. The successful raising of funds and the acquisition could positively impact DEC's stock price in the short term.
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