# EQT corporate acquisition activities

> Live situation record from CLSTR: https://clstr.news/situations/eqt-corporate-acquisition-activities
> Updated: 2026-10-26T10:42:39.000Z. Sources: 28. Developments: 2.

Swedish financial investor EQT has entered into agreements for two significant acquisitions. First, EQT reached an agreement to take the molecular testing company Qiagen private through an all-cash voluntary public takeover offer valued at approximately €10.8 billion. This transaction includes participation from co-investors, including a subsidiary of the Abu Dhabi Investment Authority and CPP Investments. Qiagen’s boards have recommended the offer, which is expected to close in mid-2027.

Separately, EQT Corporation has entered into a definitive merger agreement with Range Resources Corporation. This all-stock transaction, valued at approximately $13 billion, aims to create the largest natural gas producer in the United States with a pro forma enterprise value exceeding $50 billion. The combined entity will focus operations primarily in the Appalachian Basin, specifically the Marcellus Shale, and is expected to produce over 9 billion cubic feet of natural gas equivalent per day.

The merger, which is subject to regulatory and shareholder approval, is expected to close in the first quarter of 2027. Under the terms of the deal, Range Resources shareholders will receive 0.987 shares of EQT stock for each share held, resulting in EQT shareholders owning approximately 73% of the combined company. The companies anticipate approximately $325 million in annual cost savings, positioning the deal to capitalize on rising natural gas demand from LNG exports and artificial intelligence data center power requirements.

## Claims

- EQT will acquire Range Resources in an all-stock transaction. (corroborated by 9 sources)
- The combined company will have an enterprise value of more than $50 billion. (corroborated by 9 sources)
- The deal is valued at approximately $13 billion. (corroborated by 7 sources)
- The combined company will produce more than 9 billion cubic feet of natural gas equivalent per day. (corroborated by 5 sources)
- The transaction is expected to close in the first quarter of 2027. (corroborated by 4 sources)
- Range Resources shareholders will receive 0.987 shares of EQT stock for every share they own. (corroborated by 3 sources)
- The combined company will have over 3,700 miles of midstream infrastructure. (corroborated by 3 sources)
- The merger is expected to generate $325 million in annual cost savings. (single source)

## Timeline

### 2026-10-26: EQT to acquire Range Resources in $13 billion merger

EQT Corporation will acquire Range Resources in a $13 billion all-stock deal, creating the largest U.S. natural gas producer with an enterprise value of over $50 billion.

9 sources. https://clstr.news/cluster/eqt-and-range-resources-announce-50-billion-merger

### 2026-10-21: EQT to acquire Qiagen in €10.8 billion takeover

EQT has agreed to acquire Qiagen in an all-cash deal valued at approximately €10.8 billion, with co-investment from ADIA and CPP Investments. The deal is expected to close in mid-2027.

19 sources. https://clstr.news/cluster/qiagen-shares-rise-amid-reports-of-eqt-takeover-bid

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Cite as: EQT corporate acquisition activities. CLSTR, https://clstr.news/situations/eqt-corporate-acquisition-activities