Spire (SR) Acquires EnergySouth in $344M Deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/19/2024
- Stocks end near flat as investors assess earnings, data
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Taiwan Semi (TSM) Q1 profit beats expectations on AI demand
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Intuitive Surgiical (ISRG) beats earnings, revenue expectations in Q1
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Netflix (NFLX) Tops Q1 EPS by 77c, Offers Guidance
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Spire Acquires Mobile Gas and Willmut Gas
September 12, 2016 4:01 PM EDTST. LOUIS, Sept. 12, 2016 /PRNewswire/ --Â Spire Inc. (NYSE: SR) ("Spire") today completed its acquisition of EnergySouth, Inc., the parent company of Mobile Gas and Willmut Gas, from Sempra U.S. Gas & Power ("Sempra"). The purchase consideration of $344 million included the assumption of $67 million of debt. The acquisition was funded primarily with the proceeds of an equity offering in May 2016 and a $165 million private placement of unsecured senior notes that closed on September 9.
"At Spire, we believe in a world where energy enriches people's lives, and our mission is to... More
Sempra U.S. Gas & Power Closes Sale of Parent Company of Mobile Gas and Willmut Gas
September 12, 2016 4:01 PM EDTSAN DIEGO, Sept. 12, 2016 /PRNewswire/ -- Sempra U.S. Gas & Power, a unit of Sempra Energy (NYSE: SRE), today announced that it has completed the previously announced transaction to sell EnergySouth, Inc. (EnergySouth), the parent company of Mobile Gas Service Corp. (Mobile Gas) and Willmut Gas & Oil Company (Willmut Gas), to Spire Inc. (Spire) (NYSE: SR) for cash proceeds of $320 million, with Spire assuming existing debt of $67 million.... More
