DNOW to acquire MRC Global in $1.5 billion all-stock deal
ReutersJun 26, 2025 8:44 PM
June 26 (Reuters) - Energy and industrial products supplier DNOW DNOW.N said on Thursday it would buy MRC Global MRC.N in an all-stock deal valued at $1.5 billion, including debt.
The combined company will operate over 350 service and distribution locations in more than 20 countries, serving customers across the upstream, midstream, downstream, gas utility, and broader industrial sectors.
The transaction is expected to close in the fourth quarter of 2025.
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