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Diversified Energy to acquire Birch for about $1.8 billion

Diversified Energy (NYSE:DEC) said it will acquire privately held Birch for about $1.8 billion, expanding its presence in the Permian Basin oil- and gas-rich area.

DEC

U.S.-based Diversified Energy NYSE:DEC said on Wednesday it will acquire privately held Birch for about $1.8 billion, expanding its presence in the oil- and gas-rich Permian Basin.Here are a few details