Chevron Announces Agreement to Acquire Hess
WEBChevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
Chevron’s $53 Billion Oil Deal Is Backed by Hess Shareholders
WEBMay 28, 2024 · A large oil industry deal advanced on Tuesday after shareholders of Hess approved a proposed sale of the company to Chevron for $53 billion. Control over one of the most prized oil assets, off...
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch …
WEBOct 23, 2023 · 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.
Hess shareholders sign off on $53 billion sale to Chevron
WEBHOUSTON, May 28 (Reuters) - Hess (HES.N) shareholders on Tuesday approved the proposed $53 billion merger with Chevron (CVX.N) that paves the way for the No. 2 U.S. oil company to gain a prize...
Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
WEBOct 23, 2023 · In the second energy megadeal this month, Chevron, the second-largest U.S. oil giant, said Monday that it had agreed to acquire Hess, a medium-size rival, in an all-stock deal valued at $53...
Chevron to buy Hess Corp for $53 billion in all-stock deal
WEBHOUSTON, Oct 23 (Reuters) - Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's (XOM.N) massive Guyana...
Hess says reviewing timeline for closing Chevron's takeover deal
WEBMar 7, 2024 · U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its takeover deal by Chevron after oil major Exxon signaled a potential counter offer for Hess's Guyana...
Chevron agrees to buy Hess for $53 billion | CNN Business
WEBOct 23, 2023 · Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal. Cash-rich oil giants are taking advantage of high prices and surging profits to...
Chevron to buy Hess for $53 billion in latest oil mega-merger
WEBOct 23, 2023 · Chevron has agreed to buy Hess for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's massive Guyana discoveries, the latest in a series of blockbuster...
Chevron Buying Hess For $53 Billion In Latest Major Oil Deal - Forbes
WEBOct 23, 2023 · Chevron will acquire Hess Corporation as part of an all-stock transaction valued at $53 billion, the energy giant announced Monday, the second-largest deal by a major oil firm this month...
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