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Chevron Closes Megadeal for Hess

Boston Herald · 3h

Chevron triumphs over Exxon, wins 20-month battle to buy Hess

Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil.

The Wall Street Journal on MSN · 21h

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.

MarketWatch on MSN · 1d

Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron’s stock

The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close immediately, which the oil giant said it could happen within a couple of days.

1don MSN

Chevron finalizes $55B deal for Hess, ending dispute with Exxon over Guyana oil field stake

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

1don MSN

Chevron's win vs. Exxon lifts long-term growth prospects but cost time and billions of dollars

Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest ...

1don MSN

Chevron completes Hess acquisition after defeating Exxon in dispute over Guyana oil assets

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...

1don MSN

Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...

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