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Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
Exxon is the group's majority owner with 45%, Hess has a 30% stake and CNOOC 25%. Chevron said Exxon's right of first refusal does not apply to a sale of the entire Hess company.
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close ...
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...
Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corp.’s offshore oil assets in the South American nation of ...
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...
ExxonMobil and Chevron are supporting their high dividend yields with cash flow. ExxonMobil completed its acquisition in May ...
Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green ...
Chevron completed its $53 billion purchase of Hess after winning an arbitration case brought by rival Exxon Mobil and the ...
Exxon Mobil Corporation (NYSE:XOM), a cheaply priced stock popular among hedge funds and offering upside potential, is ...