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NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

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NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

Energy provider NRG Energy (NYSE: NRG) has announced it is acquiring Direct Energy, a North American subsidiary of U.K.-based Centrica PLC (OTC: CPYYF). The all-cash deal is for $3.625 billion, and is expected to close by the end of 2020.

Source Fool.com

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