F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
WEB6 days ago · The Federal Trade Commission said on Monday that it would let the oil giant Chevron acquire Hess but that the chief executive of Hess would not be allowed to join Chevron’s board because of...
Chevron-Hess merger clears FTC antitrust review
WEBSep 30, 2024 · Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction.
FTC set to greenlight Chevron's $53 bln buy of oil rival Hess, …
WEBSept 23 (Reuters) - The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N) purchase of Hess (HES.N) as soon as this week, two people familiar with the...
Hess shareholders sign off on $53 billion sale to Chevron
WEBHOUSTON, May 28 (Reuters) - Hess (HES.N) shareholders on Tuesday approved the proposed $53 billion merger with Chevron (CVX.N) that paves the way for the No. 2 U.S. oil company to gain a prize...
Chevron Announces Agreement to Acquire Hess
WEBChevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
WEBOct 23, 2023 · In the second energy megadeal this month, Chevron, the second-largest U.S. oil giant, said Monday that it had agreed to acquire Hess, a medium-size rival, in an all-stock deal valued at $53...
Hess Announces HSR Clearance Of Chevron-Hess Merger | Hess …
WEBSep 30, 2024 · NEW YORK--(BUSINESS WIRE)--Sep. 30, 2024-- Hess Corporation (NYSE: HES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction.
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch …
WEBOct 23, 2023 · Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.
Chevron’s $53 Billion Oil Deal Is Backed by Hess Shareholders
WEBMay 28, 2024 · A large oil industry deal advanced on Tuesday after shareholders of Hess approved a proposed sale of the company to Chevron for $53 billion. Control over one of the most prized oil assets,...
Hess shareholders approve merger with Chevron | Reuters
WEBMay 28, 2024 · Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote.