Mitsubishi (OTCPK:MSBHF) is in advanced talks to buy the assets of investment firm Aethon Energy Management for ~$8B, Bloomberg reported Monday, in what would be the Japanese conglomerate's biggest ever acquisition.

A deal, which reportedly could be announced in the next couple of months, would give Mitsubishi (OTCPK:MSBHF) a substantial natural gas operation adjacent to the U.S. Gulf coast and the energy export facilities being developed along it.

Aethon is among the most active drillers in the Haynesville shale basin that straddles east Texas and northern Louisiana, comprising one of the largest privately held U.S. gas producers.

Mitsubishi (OTCPK:MSBHF) is a key supplier of liquefied natural gas and has a stake in a U.S. export facility in Louisiana; Japan's government sees the artificial intelligence boom potentially lifting power demand over the next decade, and has urged the country's private firms to invest in gas.

https://seekingalpha.com/news/4458574-mitsubishi-i...

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