10:16 AM EDT, 03/11/2025 (MT Newswires) -- TXNM Energy ( TXNM ) is considering a sale after getting takeover interest from a potential buyer, Bloomberg reported Monday evening, citing people familiar with the matter.

TXNM did not immediately reply to a request for comment from MT Newswires.

Shares of the company were up 7.8% in recent Tuesday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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