DNOW Inc. and MRC Global Inc. have agreed to combine in an all-stock transaction valued at approximately $1.5 billion, aiming to create a leading solutions provider for the energy and industrial markets. The transaction, which has received shareholder approval from both companies, is expected to close in the fourth quarter of 2025, pending remaining regulatory clearances and other customary closing conditions. The future leadership team will include executives from both companies, with David Cherechinsky serving as President and CEO of the combined company and Mark Johnson as Senior Vice President and CFO. The combined leadership team brings together deep industry expertise and aims to drive sustainable growth and operational excellence.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DNOW Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251012163336) on October 13, 2025, and is solely responsible for the information contained therein.
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