Rumors of the potential sale began in March. The transaction, unanimously approved by TXNM Energy’s board of directors, is ...

Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the ...

TXNM Energy shareholders are to receive $61.25 per share in cash upon the deal's closing. Key Takeaways. TXNM Energy ag ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM ...

Blackstone's infrastructure unit will acquire TXNM Energy in a $11.5 billion deal, including debt, the utility firm said on ...

Blackstone will invest $400 million through the purchase of eight million newly issued TXNM shares. “We are long-term ...

Including debt and preferred stock, the deal values the parent of PNM and TNMP at about $11.5 billion. It is expected to ...

Blackstone Infrastructure will acquire TXNM Energy in an $11.5 bn deal, betting on US power demand and regulated utility ...

TXNM Energy, Inc. (NYSE:TXNM) shares are trading higher premarket on Monday after the company agreed to be acquired by ...

Blackstone Infrastructure has announced an agreement to acquire electric utility holding company TXNM Energy, valuing the ...

After two decades of little change, power demand in the US is expanding on the back of the construction of new data centers ...

Blackstone Infrastructure agreed to acquire TXNM Energy for $61.25/share in cash, reflecting a total enterprise value of $11.5B including net debt.