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Add as a preferred source on GoogleDTE Energy Agrees to Sell DTE Vantage for About $3 Billion
The buyers are institutional investors advised by J.P. Morgan Asset Management.
DTE Energy has agreed to sell its non-utility DTE Vantage business for about $3 billion to institutional investors advised by J.P. Morgan Asset Management, in a transaction the company says supports its utility strategy.
DTE described the sale as advancing a strategy to direct resources toward its regulated electric and gas utilities.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.