ExxonMobil completes $4.9bn acquisition of Denbury to expand low carbon solutions
Exxon Mobil Corporation (ExxonMobil) has successfully completed the acquisition of Denbury Inc. (NYSE: DEN) in an all-stock transaction valued at a substantial $4.9 billion, equivalent to $89.45 per share based on ExxonMobil’s closing price as of July 12, 2023. According to the terms of the deal, Denbury shareholders will now hold 0.84 shares of ExxonMobil […]