Mitsubishi to take over Texas and Louisiana shale gas assets for $7.53 billion

Japanese trading house Mitsubishi Corp said on Friday it would take over the U.S. shale production and pipelines assets of Aethon Energy Management for $7.53 billion including debt. The deal – the biggest acquisition to date by Mitsubishi – would give the company a substantial natural gas operation adjacent to the U.S. Gulf coast and … Continue reading Mitsubishi to take over Texas and Louisiana shale gas assets for $7.53 billion