Exxon Has Entered The Chat: US Supermajor Threatens To Derail Chevron's $53 Billion Hess Merger
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana
Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. The disclosure in a filing with the Securities and Exchange Commission raised investor qualms, depressing shares of both Chevron and Hess. Chevron's stock price fell 3% Tuesday morning before rebounding; Hess stock lo
Source: aol.com
Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana
Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold...
Source: marketscreener.com
Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana
Chevron warned Monday that its pending $53 billion acquisition of Hess, another oil and gas company, may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana
Source: sandiegouniontribune.com
Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana
Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. The disclosure in a filing with the Securities and Exchange Commission raised investor qualms, depressing shares of both Chevron and Hess. Chevron's stock price fell 3% Tuesday morning before rebounding; Hess stock lost 4% of its value but bounced back slightly.
Source: yahoo.com