April 23, 2018 / 10:39 AM / 5 months ago

CenterPoint Energy to buy Vectren in $6 bln deal

April 23 (Reuters) - U.S. gas and electric utility CenterPoint Energy said on Monday it would buy rival Vectren Corp in a deal valued at about $6 billion.

Under the terms of the deal, Vectren shareholders will receive $72.00 in cash for each share held. (Reporting by John Benny in Bengaluru Editing by Saumyadeb Chakrabarty)

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