Chevron, Hess
FTC Set to Greenlight Chevron's $53 Billion Buy of Oil Rival Hess, Sources Say
The FTC required Exxon to withdraw its offer of a board seat to Pioneer Natural Resources CEO Scott Sheffield as a condition for its go-ahead. The FTC alleged he colluded with OPEC to reduce U.S. oil and gas output to potentially raise the price of oil.
FTC expected to greenlight Chevron's proposed Hess deal - Reuters
The U.S. Federal Trade Commission is expected to approve Chevron's (CVX) $53B acquisition offer for Hess (NYSE:HES) as soon as this week, Reuters reported Monday, which would leave Exxon Mobil's (XOM) challenge to the deal as the only remaining obstacle.
Chevron Set to Get FTC Green Light for Hess Deal
The FTC is expected to approve Chevron's $53 billion acquisition of Hess despite earlier challenges from Exxon and concerns from Democrats about higher gas prices.
Sources say that the FTC is set to approve chevron’s purchase of Hess for $53 billion, according to sources.
Two people with knowledge of the matter say that the U.S. Federal Trade Commission will likely approve the purchase by U.S. oil
FTC to Greenlight Chevron’s $53 Billion Hess Deal, Reuters Says
The US Federal Trade Commission is expected to greenlight Chevron Corp.’s $53 billion deal to buy Hess Corp., according to Reuters.
FTC set to greenlight Chevron’s US$53 billion buy of oil rival Hess: sources
THE US Federal Trade Commission (FTC) is expected to greenlight US oil producer Chevron’s purchase of Hess as soon as this week, two sources familiar with the matter said, leaving ExxonMobil’s challenge to the US$53 billion deal as its final hurdle.
FTC Set to Greenlight Chevron's $53 Billion Hess Buy
The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week,
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U.S. to Approve Chevron’s (NYSE:CVX) Takeover of Rival Hess Corp. (NYSE:HES)
Reuters is reporting that the U.S. Federal Trade Commission (FTC) will approve oil major Chevron’s ($CVX) $53 billion ...
U.S. Regulator To Approve Chevron’s $53 Billion Purchase Of Hess Corp.
The Federal Trade Commission will approve oil major Chevron's (CVX) $53 billion U.S. acquisition of Hess Corp. (HES), ...
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FTC set to greenlight Chevron's $53 bln buy of oil rival Hess, sources say
The proposed merger was first announced last October, and the FTC sent a second information request to Chevron two months later. Hess shares were up as much as 3% in after-hours trading on Monday ...