Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Chevron's $53B Hess buyout hints at investor arbitrage play

Por: Newsweek Business October 24, 2023

thumbnail

In what could be noted as more consolidation within the energy sector, oil giant Chevron Corporation on Monday disclosed its definitive agreement to acquire Hess Corporation in an all-stock transaction valued at $53 billion, or $171 per share.Under the agreement, each Hess share will be exchanged for 1,025 shares of Chevron. The anticipated closure of the acquisition is in the first half of 2024, subject to Hess shareholder approval and... + full article



Similar News

Chevron buys Hess for $53 billion, 2nd mega oil merger this month as energy prices soar

Portland Press Herald USA World October 24, 2023

thumbnailChevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Crude prices rose sharply in early 2022 with Russia’s invasion of Ukraine and are hovering... + más

Chevron to buy Hess for $53 billion, marking the second giant oil deal this month | CBS News

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge | ABC News


Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge

ABC News USA Business October 23, 2023

thumbnailNEW YORK -- Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it... + más

Chevron to buy Hess for $53 billion, marking the second giant oil deal this month | CBS News

Chevron to acquire Hess in $53 billion deal | Fox Business


Chevron to acquire Hess in $53 billion deal

Fox Business USA Business October 23, 2023

thumbnailKey Advisors Wealth Management co-founder and CEO Eddie Ghabour discusses how the Israel-Hamas conflict affects the U.S. stock market on 'Varney & Co.' Chevron Corporation announced Monday that it has competitor Hess Corporation in an all-stock deal valued at $53... + más

Chevron to buy Hess for $53 billion, marking the second giant oil deal this month | CBS News

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge | ABC News


Chevron to buy Hess for $53 billion, marking the second giant oil deal this month

CBS News USA Business October 23, 2023

thumbnailChevron said Monday it will buy Hess Corp. for $53 billion, marking the second major oil deal this month as major producers seize the initiative while oil prices surge.The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would Pioneer Natural Resources... + más

What Are the Duties of A Trustee? | Forbes

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge | ABC News


Chevron buys Hess for $53 billion in 2nd major oil merger this month

Los Angeles Times USA Business October 23, 2023

thumbnailChevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Crude prices rose sharply in early 2022 with Russia's invasion of Ukraine and are... + más

Chevron to buy Hess for $53 billion, marking the second giant oil deal this month | CBS News

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge | ABC News


Chevron buys Hess for $53 billion as the biggest US oil companies get even bigger

10 WBNS USA Nation October 23, 2023

thumbnailNEW YORK — Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Crude prices rose sharply in early 2022 with Russia's invasion of Ukraine... + más

Chevron to buy Hess for $53 billion, marking the second giant oil deal this month | CBS News

What Are the Duties of A Trustee? | Forbes


After 75 years of marriage, Metairie couple remember their first date and simpler times

The Advocate USA Entertainment November 25, 2022

thumbnailWant to reminisce about some of the big events that happened 75 years ago? Let’s take a trip down memory lane to 1947.In politics, President Harry Truman signed the National Security Act of into law, creating the Central Intelligence Agency, the Department of Defense, the... + más

Why did this prominent Metairie Race Course painting disappear? Curious Louisiana finds out. | The Advocate

With 951 punchlines sent in, check out the WINNER and all the finalists in Walt Handelsman's latest Cartoon Caption Contest! | The Advocate



About iurex | Privacy Policy | Disclaimer |