M&A
confidence high
sentiment positive
materiality 0.50
CRC announces expiration of HSR waiting period for Aera Energy acquisition; deal on track for mid-2024 close
California Resources Corp
- HSR waiting period expired March 25, 2024, for the pending combination with Aera Energy.
- Transaction remains subject to CRC shareholder approval, FERC authorization, and other customary conditions.
- Expected closing around mid-year 2024.