BUZZ-Dominion Energy climbs report of NextEra talks

Dominion Energy Inc
NextEra Energy, Inc.

Dominion Energy Inc

D

0.00

NextEra Energy, Inc.

NEE

0.00

** Shares of utility Dominion Energy D.N up 11.8% at $69.04 premarket

** Bloomberg News reports that U.S. power firm NextEra Energy NEE.N is in talks to buy co for ~$76/share

** Reported offer represents ~23% premium to D's Friday close and would be mostly stock deal

** Tie-up would create one of the largest U.S. power companies by market value

** Reuters could not immediately verify the report; companies did not immediately respond to Reuters' requests for comment outside regular business hours

** As of last close, D stock up 5.3% YTD


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.