Exxon said it is purchasing an experienced developer of carbon capture, utilization and storage (CCUS) solutions and EOR for $89.45 per share, representing a premium of roughly 2% compared to Denbury’s July 12 closing price of $87.75.
Exxon Mobil Corp. will acquire Denbury Inc. in an all-stock transaction valued at $4.9 billion, the company said in a...