Reports: FTC to approve Chevron-Hess deal with major condition ...
WEB9 hours ago — Sep 27, 2024. Listen to this article 4 min. The Federal Trade Commission is expected to approve Chevron Corp. ’s (NYSE: CVX) $53 billion acquisition of Hess Corp. (NYSE: HES), as long as CEO ...
FTC bars Hess CEO from Chevron board seat as condition of deal, …
WEB1 day ago — U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess , people close to the matter said.
FTC set to greenlight chevron's $53 billion buy of oil rival Hess ...
WEB4 days ago — The proposed merger was first announced last October, and the FTC sent a second information request to Chevron two months later. Hess shares were up as much as 3% in after-hours trading on Monday ...
FTC Plans to Block Hess CEO from Chevron Board - WSJ
WEB2 days ago — Antitrust enforcers are set to bar Hess’s chief executive from joining the board of Chevron CVX -1.38% as part of a deal to approve a $53-billion tie-up between Hess and Chevron, according to ...
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 ...
FTC set to greenlight Chevron's $53 billion buy of oil rival Hess ...
WEB4 days ago — CVX. By Sabrina Valle. (Reuters) -The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter ...
Chevron Set to Clear FTC Hurdle for Its $53 Billion Hess Deal
WEBThe US Federal Trade Commission is expected to allow Chevron Corp. ’s $53 billion takeover of Hess Corp. to proceed, according to people familiar with the matter, removing a key hurdle for a deal the companies have struggled to close since announcing it 11 months ago. The agency could announce the decision as soon as this week, the people ...
FTC opens inquiry of Chevron-Hess merger ... - Associated Press News
WEBDec 8, 2023 — The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger.
Chevron deal clears hurdle as Hess investors back $53bn takeover
WEBMay 28, 2024 — Hess shareholders have approved a $53bn takeover by Chevron, advancing a controversial acquisition at the heart of a high-profile brawl between the US’s leading oil companies.
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC
WEB1 day ago — CVX. 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 ...