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Chevron to buy Hess Corp for $53 billion in all-stock deal - Vimarsana News

Chevron to buy Hess Corp for $53 billion in all-stock deal

LONDON (Reuters) -Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana. Given that Exxon Mobil had effectively taken itself out of the running for large-scale M&A following the recent Pioneer deal, we would have thought Chevron could bide its time, and hence we are a little surprised at the timing of this deal. It does address the concerns with Chevron's portfolio - namely over concentration in the Permian and lack of depth in...

Source: yahoo.com
IIM Amritsar to host the 7th edition of Pariprekshya: The Finance and Marketing conclave on 4th November 2023 - Vimarsana News

IIM Amritsar to host the 7th edition of Pariprekshya: The Finance and Marketing conclave on 4th November 2023

 IIM Amritsar is ramping up to host its 7th annual finance and marketing conclave - Pariprekshya, on 4 November 2023. Pariprekshya, like its name, aims to bring together accomplished industry experts to raise new perspectives on current trends a

Kraft Heinz improving volume on meats business - Vimarsana News

Kraft Heinz improving volume on meats business

Net sales dip for the company’s North American operations.

Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey - Vimarsana News

Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

BUSINESS LIVE: BoE expected to hold base rate; Shell lines-up $3.5bn buyback; Haleon suffers weaker US demand - Vimarsana News

BUSINESS LIVE: BoE expected to hold base rate; Shell lines-up $3.5bn buyback; Haleon suffers weaker US demand

Among the companies with reports and trading updates today are Shell, BT, Sainsbury's, Haleon, Entain and British American Tobacco.