Summary

Mitsubishi Corp agreed to buy Aethon Energy Management LLC’s US gas and pipeline assets for US$5.2 billion, the largest purchase by a Japanese company in the American shale sector. The deal includes Aethon’s debt of US$2.33 billion, putting the enterprise value at US$7.5 billion. This acquisition aligns with Japan’s push for increased investment in US oil and gas, driven by rising power demands from AI and data centers.

https://www.theedgesingapore.com/news/ma/mitsubishi-buy-aethons-us-gas-assets-us52b-deal