Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC
WEB3 days ago · HES. (Bloomberg) -- Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing ...
M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC Approval
WEB2 days ago · Chevron Corp. (CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. (HES) with the U.S. Federal Trade Commission (FTC). The FTC has required Chevron ...
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC (1)
WEBLeah Nylen. Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing the companies’ merger to proceed, people familiar with the matter said. The condition allows Chevron to move forward with its $53 billion acquisition of ...
Hess shareholders approve merger with Chevron | Reuters
WEBMay 28, 2024 · Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote.
BREAKING NEWS: Hess CEO will not join Chevron’s board …
WEB4 days ago · To finalize the deal, however, Chevron and Hess still need to prevail in arbitration against Exxon Mobil Corp. and Cnooc Ltd., who claim a right-of-first-refusal on Hess’ biggest asset — a 30% ...
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...
Hess Corporation Receives Stockholder Approval for Proposed …
WEBNEW YORK, May 28, 2024 -- (BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced that it has received the necessary approval of its stockholders for closing the company’s merger with...
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 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 second oil mega
WEBOct 23, 2023 · Chevron said on Monday it agreed to buy Hess for $53 billion in stock, the second proposed mega-merger among the biggest U.S. oil players after Exxon Mobil bid $60 billion for Pioneer Natural ...