The Daily Buyout
$80M cash + stockStrategic acquisitionEnergy & Utilities

Drilling Tools International to buy Saltire Energy

DTI will acquire Aberdeen-based Saltire Energy and Foxley Energy for about $80M in cash plus 17.4M DTI shares, closing in Q1 2027.

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More Energy & Utilities deals

UndisclosedMergerEnergy & UtilitiesOct 8, 2026

Virginia's lieutenant governor opposes NextEra-Dominion merger

Virginia Lt. Gov. Ghazala Hashmi came out against NextEra Energy's all-stock acquisition of Dominion Energy as state regulators began local public hearings. She cited risks from NextEra's many riskier project entities; NextEra said it respectfully disagrees and that Dominion Energy Virginia would remain fully regulated.