Exxon Mobil to acquire Denbury Inc. for $4.9B

Exxon Mobil Corporation has agreed to acquire Denbury Inc. for $4.9 billion to strengthen its Low Carbon Solutions business through Denbury's carbon capture, utilization and storage (CCS) solutions.

“Denbury provides carbon capture, utilization and storage (CCS) solutions, and this acquisition will hopefully strengthen ExxonMobil’s Low Carbon Solutions business.”plantservices.com

• 1 source
• plantservices.comIndustrial mergers and acquisitions: Emerson, DuPont, Exxon Mobil, and more | Plant ServicesAlexis GajewskiAug 25, 2023

Summarized from public sources; check the original articles before acting on it.