Diversified Energy Co. has agreed to acquire Birch Resources in a deal valued at about $1.8 billion. The transaction is described as bringing together Diversified Energy’s oil and gas operations with Birch Resources’ existing assets.
Both outlets identify Elliott Investment Management as a key stakeholder behind Birch, describing Birch as Elliott-backed. The reports do not provide additional major deal terms in the information available here, such as expected timing, financing structure, or specific conditions to close. Overall, the coverage aligns on the headline elements: the buyer, the target, the involvement of Elliott, and the approximate total value of the agreement.
