Spire Inc. /
Piedmont’s Tennessee natural gas local distribution company business
Spire Inc. agrees to buy Piedmont’s Tennessee natural gas local distribution company business
Source for the buyer and target: Spire Inc.
For the buyer and target.
“On July 27, 2025, Spire Inc. (“Spire”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) by and between Piedmont Natural Gas Company, Inc., a North Carolina corporation (“Piedmont”) and wholly owned subsidiary of Duke Energy Corporation (“Duke Energy”) and Spire, pursuant to which Spire has agreed to acquire Piedmont’s Tennessee natural gas local distribution company business (the “Business” and such transaction, the “Transaction”).”
Published 29 Jul 2025
Open the sourceWhat happened
Spire Inc. agreed to acquire Piedmont’s Tennessee natural gas local distribution company business for $2.48 billion, according to a filing dated July 29, 2025. [01]
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Spire Inc. agrees to buy Piedmont’s Tennessee natural gas local distribution company business
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“Spire Inc. agrees to buy Piedmont’s Tennessee natural gas local distribution company business Spire Inc. agreed to acquire Piedmont’s Tennessee natural gas local distribution company business for $2.48 billion, accord…”
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