Star Group to acquire home energy distributor for $68M

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https://www.tipranks.com/news/company-announcements/seadrill-secures-major-contract-with-petrobras-in-brazil

Star Group (SGU) has entered into a definitive agreement to purchase a home energy distributor, located within the Company’s existing operating footprint, for approximately $68M before working capital adjustments. Star anticipates closing on the transaction within the next 45 days, subject to compliance with governmental reporting requirements. Additional terms were not disclosed.

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