Leucadia-Backed HRG to Sell Louisiana, Texas Gas Assets

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  • Indigo Minerals to pay $160 million, get 90,000 acres
  • HRG says Indigo deal will reduce Compass's borrowing base

HRG Group Inc., which counts Leucadia National Corp. as its largest shareholder, agreed to sell gas fields in Louisiana and Texas as Chief Executive Officer Omar Asali reshapes the company.

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