Argo Infrastructure Partners to acquire NY utility for USD 150m

14 January 2021 - 12:00 am UTC

Argo Infrastructure Partners has agreed to acquire Corning Natural Gas, a provider of electric and natural gas services, in a deal valued at USD 150m. 

In the transaction, Argo will acquire all the shares outstanding of Corning common stock for USD 24.75 per share, according to a press release. 

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