Article

Mitsubishi Corp. has announced its acquisition of Aethon's shale gas assets in Texas and Louisiana for $5.2 billion, marking the company's largest acquisition to date. The assets, producing approximately 2.1 billion cubic feet of natural gas daily, will enhance Mitsubishi's natural gas business and support a comprehensive value chain in the U.S., with potential exports to Asia and Europe. The deal includes $5.2 billion in equity purchases and $2.33 billion in debt.