ARM Energy Holdings Announces Sale of Minority Interest in ARM Energy Services, ARM Energy Mexico to Tokyo Gas [Yahoo! Finance]
TOKYO GAS CO LTD UNSP/ADR (TKGSY)
NASDAQ:AMEX Investor Relations:
tokyo-gas.co.jp/ir/english/library/earn_e.html
Company Research
Source: Yahoo! Finance
Provides Opportunity for Marketing and Trading of Additional Products HOUSTON, February 05, 2024 BUSINESS WIRE )--ARM Energy Holdings, LLC ("ARM" or "Company"), a leading infrastructure and energy marketing services firm committed to customer-centric solutions, today announced that Tokyo Gas America Ltd. ("Tokyo Gas America"), a wholly owned subsidiary of Tokyo Gas Co., Ltd. ("Tokyo Gas") has acquired a minority equity interest in a newly-formed entity, ARM Energy Trading, LLC ("ARM Energy Trading"), which is comprised of ARM Energy Services and ARM Energy Mexico, one of the largest private North American physical natural gas marketers. "This transaction will enable ARM to continue to execute and grow our asset optimization and trading strategy while furthering our overall energy platform," said Zach Lee, CEO of ARM Energy. "Combining our existing business units with Tokyo Gas' assets will create material synergies, while also providing us with an entry to marketing and trading o
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