ExxonMobil to acquire CCS solutions company Denbury for $4.9B

Green Car Congress
By mmillikinJul 14, 2023, 7:08 am174 pts
Exxon Mobil has entered into a definitive agreement to acquire Denbury Inc., an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. The acquisition is an all-stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing…

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