News Releases

Duke Energy announces pricing of common stock offering in connection with its pending acquisition of Piedmont Natural Gas

Duke Energy announces pricing of common stock offering in connection with its pending acquisition of Piedmont Natural Gas

Published on March 2, 2016
Duke Energy Corporation announced today the pricing of a public offering of approximately 9.25 million shares of its common stock at $72.00 per share in connection with the forward sale agreement described below. The expected net proceeds from the offering are to be used to finance a portion of the costs of Duke's pending acquisition of Piedmont Natural Gas Company, Inc.
Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash

Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash

Published on October 26, 2015
CHARLOTTE, N.C. - Duke Energy and Piedmont Natural Gas today announced the boards of directors of both companies have unanimously approved a definitive agreement for Duke Energy to acquire Piedmont for approximately $4.9 billion in cash. "We look forward to welcoming Piedmont's employees and one million customers in the Carolinas and Tennessee to Duke Energy," said Lynn Good, president and CEO of Duke Energy.
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