Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

🇺🇸 Bloomberg (US) —

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Magnolia Oil & Gas is leading the bid to acquire WildFire Energy for over $4 billion, which would become its largest acquisition to date. This deal highlights continued consolidation in the U.S. oil and gas sector.

Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as its largest-ever acquisition, according to people familiar with the matter.

Markets Deals Energy Magnolia Oil & Gas WildFire Energy acquisition oil and gas U.S. market energy deal

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