Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion

wsj.com/business/deals/blackstone-infrastructure-to-buy-txnm-energy-for-5-7-billion-fc1a779d

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.

This story appeared on wsj.com, 2025-05-19 10:53:00.
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