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Utility company Black mountain (BKH.US) plans to acquire competitor NorthWestern (NWE.US) for $3.6 billion.

19/08/2025

According to the Wise News Finance APP, public utility company Black Hills (BKH.US) announced on Tuesday that it will acquire rival company NorthWestern Energy Group (NWE.US) for $3.6 billion. The total enterprise value of this all-stock transaction is $15.4 billion, and it is estimated that the market value of the merged company will be approximately $7.8 billion. After the completion of the transaction, a regional, regulated natural gas utility company will be formed.

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