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Diversified Energy (DEC) to acquire Birch for about $1.8 billion

Diversified Energy NYSE:DEC said it will acquire privately held Birch, which operates in the Permian Basin, for about $1.8 billion.

DEC

U.S.-based Diversified Energy NYSE:DEC said on Wednesday it will acquire privately held Birch, which operates in the oil and gas-rich Permian Basin, for about $1.8 billion.