TXNM Energy agreed to be bought by Blackstone's infrastructure division for $11.5 billion in cash and debt. The agreement is for $61.25 per share, a nearly 16% premium to TXNM's closing price on ...

Blackstone's TXNM buyout offers an 11% arbitrage spread. Check out the risks, stock valuation, and why this low-risk deal could be a smart growth market play.

Blackstone Infrastructure has agreed to acquire TXNM Energy for $61.25 per share in cash, reflecting a total enterprise value of $11.5bn including net debt and preferred stock. The acquisition ...

Blackstone Infrastructure's $11.5 billion acquisition of TXNM Energy could reshape the energy landscape in New Mexico and Texas. 2025 Energy Outlook Join us for an illuminating exploration of New ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy TXNM-0.26%decrease; red down pointing triangle for nearly $5.7 ...

Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy ...

It is expected to close in the second half of 2026. An arm of private-equity titan Blackstone Inc. has agreed to buy TXNM Energy Inc. for about $5.7 billion in cash. The deal is expected to close in ...

Blackstone Infrastructure is funding the purchase price entirely with equity and does not anticipate increasing TXNM Energy leverage levels to fund the purchase of the company. Retaining Teams ...

ALBUQUERQUE, N.M. - TXNM Energy (NYSE: TXNM) announced today that it has entered into an agreement to be acquired by Blackstone Infrastructure in a cash transaction valued at $11.5 billion ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. Blackstone Infrastructure has ...

(Reuters) -Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to ...

TXNM) today announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion ...