Chevron-Hess Merger Could Soon Get FTC Approval: Report
Chevron's $53B merger with Hess facing delays due to arbitration with Exxon and CNOOC. FTC may approve deal this week, but final decision expected by Sept 2025.
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.
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.
US 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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Hess Midstream: Still Attractive, Even With Potential M&A Delayed
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FTC set to greenlight Chevron's $53 bln buy of oil rival Hess, sources say
Sept 23 (Reuters) - The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N), opens new tab purchase of Hess (HES.N), opens new tab as soon as this week, two ...