Completion of Maverick deal just announced ahead of US open.
DEC
DIVERSIFIED ENERGY COMPANY PLC
Diversified Energy Completes Maverick Acquisition
AI Summary
Diversified Energy Company has completed its acquisition of Maverick Natural Resources and issued 21,194,213 new shares as part of the deal. The shares will be listed on the NYSE, with admission expected on March 17, 2025. Rick Gideon, CEO of Maverick, will become COO of Diversified on March 18, 2025. As of March 14, 2025, there are 80,990,155 ordinary shares in issue.