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DTE Energy Company Announces Strategic Sale of DTE Vantage for approximately $3 billion and Updates Five-year Capital Investment Plan to $44 billion
Source: Nasdaq
M&A & RestructuringCompany Fundamentals
DTE Energy announced a strategic plan to sell primarily all DTE Vantage assets and operations for approximately $3 billion to institutional investors advised by J.P. Morgan Asset Management’s Global Infrastructure group. The article text ends before providing the transaction’s targeted timing or further terms.
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