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Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival Exxon Mobil's massive Guyana discoveries.
On Tuesday, shareholders of Hess Corporation approved the proposed $53 billion merger with Chevron Corporation, paving the way for the second-largest US oil corporation to acquire crucial assets and have a position in Exxon Mobil's enormous Guyana finds.
Hess (HES) shareholders on Tuesday will decide on its planned $53B sale to Chevron (CVX), widely expected to be a close vote as investors remain concerned over
(Bloomberg) -- The gap between VMware Inc.’s stock price and the value of Broadcom Inc.’s proposed takeover narrowed to the smallest in two months, signaling diminished worries that the $61 billion merger will be derailed by regulators.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitUS Inflation Hits Two-Year Low, Giving Hope for End to Fed
A survey of 17 merger arbitrage analysts, brokers and fund managers found that most were encouraged by a flurry of private equity deals.