Chevron agrees to buy Hess for $53 billion. Here's what the pros say
Pros on CNBC discussed Chevron after the company agreed to buy Hess in an all-stock deal.
Source: cnbc.com
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Pros on CNBC discussed Chevron after the company agreed to buy Hess in an all-stock deal.
The combined companies Chevron and Hess expect to generate about $1bn in cost synergies within a year of its closing
John Hess exits company founded by his father.
Chevron announced on Monday that the purchase of Hess included a significant oil field in Guyana as well as shale holdings in the North Dakota Bakken Formation.
Chevron's $53 billion acquisition of Hess Corp. will include one of America's best-selling toys, the company clarified.