NextEra Energy Agrees to Acquire Dominion Energy in $67 Billion All-Stock Deal
NextEra Energy agreed to acquire Dominion Energy in a $67 billion all-stock deal, causing NextEra's shares to drop by nearly 5% while boosting Dominion's stock over 9%. The transaction is expected to strengthen NextEra’s credit profile despite the immediate market reaction.
Topics: energy sector M&A S&P 500