Oil royalty and mineral companies Sitio and Brigham to merge in $4 bn tie-up

Sitio Royalties was formed after a separate merger earlier this year. (Photo: AFP)Premium
Sitio Royalties was formed after a separate merger earlier this year. (Photo: AFP)
 wsj 2 min read . Updated: 06 Sep 2022, 05:54 PM IST Benoît Morenne, The Wall Street Journal

Deal between Sitio Royalties and Brigham Minerals is one of largest in oil-and-gas industry this year

Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of the largest publicly traded mineral and royalty companies in the U.S., worth about $4 billion, according to people familiar with the matter.

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