EQT to buy Range Resources in $13 billion deal to create top US gas producer Reuters
EQT to buy Range Resources in $13 billion deal to create top US gas producer - Reuters
In short
EQT is acquiring Range Resources for $13 billion to become the top US natural gas producer, enhancing its market position and capabilities. The deal is expected to create substantial economic benefits for both companies and the energy industry.
Key points
- EQT is acquiring Range Resources for $13 billion.: EQT is acquiring Range Resources for $13 billion.
- The acquisition is aimed at becoming the top US natural gas producer.: The acquisition is aimed at becoming the top US natural gas producer.
- It is expected to make EQT a dominant player in the natural gas sector.: It is expected to make EQT a dominant player in the natural gas sector.