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.
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From …
WEB1 day ago — The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
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-Hess Merger Clears FTC Antitrust Review - Yahoo Finance
WEB1 day ago — SAN RAMON, Calif., September 30, 2024--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation ...
U.S. Regulator Officially Approves Chevron’s (NYSE:CVX ... - Nasdaq
WEB1 day ago — The U.S. Federal Trade Commission (FTC) has officially approved oil major Chevron’s (CVX) $53 billion acquisition of rival Hess Corp. (HES). But in a twist, the U.S. regulator has banned Hess ...
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, off...
Chevron agrees to buy Hess for $53 billion | CNN Business
WEBOct 23, 2023 — Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal. Cash-rich oil giants are taking advantage of high prices and surging profits to snap...
Chevron to buy Hess Corp for $53 billion in all-stock deal
WEBHOUSTON, Oct 23 (Reuters) - Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's (XOM.N) massive Guyana...
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...
Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
WEB1 day ago — Chevron Corporation CVX and Hess Corporation HES announced that the Federal Trade Commission (“FTC”) had completed its antitrust review of the companies’ proposed merger. This is a ...