JERA in Talks to Acquire U.S. Shale Gas Assets for $1.7 Billion
Sources indicate Japan’s largest power generation company is negotiating a $1.7 billion deal to expand its energy portfolio through U.S. shale gas acquisition.
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Terms & Concepts
Shale Gas: Natural gas that is found trapped within shale formations, extracted using techniques such as hydraulic fracturing.
Acquisition: A corporate action in which one company purchases most or all of another company's assets or shares to gain control over it.