Trending: Chevron Acquiring Hess in $53 Billion Deal
24 October 2023 - 1:28AM
Dow Jones News
9:57 ET -- Chevron is one of the most mentioned companies in the
U.S. across all news items in the last 12 hours, according to
Factiva data. Earlier Monday, Chevron announced plans to acquire
fellow oil company Hess in a $53 billion deal that values Hess at
$171 a share based on Chevron's Friday closing price. This
acquisition follows news less than two weeks ago that Exxon Mobil
will buy Pioneer Natural Resources in a deal valued at $60 billion.
Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)
(END) Dow Jones Newswires
October 23, 2023 10:13 ET (14:13 GMT)
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