166 Japanese utility company Tokyo Gas is reportedly in the late stages of negotiations to purchase US natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners. The all-cash deal, which is expected to be announced this month, is valued at around $4.6 billion, including debt. If successful, the acquisition would mark a major expansion for Tokyo Gas and increase its presence in the North American energy market. You Might Be Interested In Goldman Sachs Undergoes Leadership Transition as John Rogers Passes the Torch to Russell Horowitz Nike’s Mark Parker to Bring Winning Streak to Disney as New Chairman Apple to Introduce Used Genuine Parts in Repair Options Apple’s “Make in India” Triumph: iPhones Exceed Production Targets Amid PLI Success Gap Stock Skyrockets on Exceeding Q3 Earnings Forecasts and Boosted Profit Margins McDonald’s to hire 5,000 people, double stores in North, East India
