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ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
(Bloomberg) -- D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp., becoming the second major investor this week to come out against the deal. Most Read from BloombergIranian President Is Missing After Helicopter Crash in Dense FogGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanEven if Alito Is Right, the Upside-Down Flag Was WrongChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea,
The U.S. Federal Trade Commission on Thursday declined to challenge Exxon Mobil Corp.'s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer's co-founder, must not take a seat on Exxon's board.
The U.S. Federal Trade Commission on Thursday declined to challenge Exxon Mobil Corp.'s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer's co-founder, must not take a seat on Exxon's board.