NRG Energy Inc. NRG recently inked a deal to acquire Direct Energy, the North American subsidiary of Centrica PLC CPYYY, for a consideration of $3.625 billion, subject to a working capital adjustment. This all-cash transaction is expected to close by the end of 2020, pending customary closing conditions and regulatory approvals. Notably, Direct Energy is among North America’s leading retail providers of electricity, natural gas, and home and business energy-related products as well as… Source link
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