Exxon Buying Carbon Capture Biz Denbury In $4.9B Deal

By Al Barbarino (July 13, 2023, 12:18 PM EDT) -- Davis Polk-led ExxonMobil Corp. said Thursday that it had agreed to acquire Denbury Inc., represented by Vinson & Elkins LLP, in a deal valued at $4.9 billion, giving the oil giant major access to an experienced developer of carbon capture, use and storage solutions....

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