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Citadel Expands Further in US Natural Gas With $1 Billion Deal

Citadel made one of its biggest investments yet in the physical US natural gas market, expanding in one of its most profitable business areas.



Citadel is investing approximately $1 billion to expand its presence in the U.S. natural gas market by acquiring assets from Paloma Natural Gas LLC. The deal provides Citadel with access to acreage and producing assets, furthering its involvement in physical gas trading, a highly profitable area for the firm.

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