DNOW to acquire MRC Global in $1.5 billion all-stock deal
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DNOW to acquire MRC Global in $1.5 billion all-stock deal
(Reuters) -Energy and industrial products supplier DNOW said on Thursday it would buy MRC Global in an all-stock deal valued at $1.5 billion, including debt. The combined company will operate over 350 service and distribution locations in more than 20 countries, serving customers across the upstream, midstream, downstream, gas utility, and broader industrial sectors. The transaction is expected to close in the fourth quarter of 2025. (Reporting …
DNOW Acquires MRC for $1.5B - The Texas Lawbook
Kirkland and Akin advised on the combination of two Houston distributors of infrastructure machinery and supplies to create a $3 billion company with 350 service and distribution centers across 20 energy-producing countries. The post DNOW Acquires MRC for $1.5B appeared first on The Texas Lawbook.
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