10:42 AM EDT, 05/12/2025 (MT Newswires) -- (Updates with Blackstone's response to a request for comment.)

Blackstone (BX) is in talks to buy TXNM Energy ( TXNM ) , the owner of the largest utility in New Mexico, Bloomberg reported Monday, citing people familiar with the matter.

Blackstone declined to comment to MT Newswires, while TXNM did not immediately reply to a request for comment.

(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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