Mitsubishi Corp. eyes gas sales in US by buying Aethon Energy
TOKYO/HOUSTON, Texas -- By acquiring U.S.-based Aethon Energy Management, Mitsubishi Corp. hopes to not only expand its interests in natural gas production but gain the ability to sell the fuel in the U.S.
The Japanese trading house is in talks to buy the American company, Nikkei reported Tuesday. The deal could be worth more than 1 trillion yen ($6.9 billion) in what would be Mitsubishi's largest-ever deal.
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