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Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...
Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon ...
Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close ...
Chevron has won a major arbitration battle with Exxon Mobil, removing a key obstacle to its planned acquisition of Hess.
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...
Chevron will be allowed to proceed with its $53 billion purchase of Hess after winning arbitration with rival Exxon, The Wall ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green ...