Signage extracurricular the Mitsubishi Corp. caput bureau successful Tokyo, Japan, connected Thursday, Jan. 15, 2026. Mitsubishi agreed to buy Aethon Energy Management LLC's US state and pipeline assets for $5.2 billion, the biggest acquisition by a Japanese institution successful the American shale sector. Photographer: Takaaki Iwabu/Bloomberg via Getty Images
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Mitsubishi Corporation said connected Friday that it volition get shale state assets successful the U.S. successful a $7.53 cardinal deal, including debt, arsenic the Japanese trading location looks to physique connected its beingness successful the U.S. vigor market.
Mitsubishi volition get the assets from Aethon Energy Management successful Texas and Louisiana successful a transaction that includes $5.2 cardinal successful equity purchases and $2.33 cardinal successful Aethon's debt.
In a filing with the Tokyo Stock Exchange, Mitsubishi said that the concern volition fortify the net basal of the company's earthy state and LNG businesses.
It volition besides accelerate efforts to physique an integrated worth concatenation successful the United States, "from upstream state improvement to powerfulness generation, information halfway development, chemicals production, and related businesses," the institution said.
Shares of Mitsubishi fell 2% aft the transaction was announced.
The institution has aggregate investments successful earthy gas, with projects successful Alaska, Malaysia, Canada and Indonesia, among others.
The institution said it plans to grow successful the U.S. by engaging successful powerfulness procreation and manufacturing businesses that capitalize connected competitory upstream state projects.
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