FTC set to greenlight chevron's $53 billion buy of oil rival Hess ...
WEB4 days ago · Sept 23 (Reuters) - The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N) purchase of Hess (HES.N) as soon as this week, two people familiar with the ...
Reports: FTC to approve Chevron-Hess deal with major condition ...
WEB7 hours ago · 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 John Hess doesn’t join Chevron’s board ...
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 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
WEB1 day ago · 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 allowing ...
US FTC close to approving Chevron’s $53bn acquisition of Hess
WEB2 days ago · An FTC spokesperson has declined to comment on the news. The Chevron-Hess transaction follows a trend of multibillion-dollar mergers and acquisitions in the sector, including Exxon's own $60bn ...
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 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 and Hess say US FTC merger review expected for third …
WEBJul 11, 2024 · Oil producers Chevron Corp and Hess Corp expect the U.S. Federal Trade Commission will review their proposed merger in the third quarter, the companies said in a statement on Thursday.
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC - MSN
WEBTo finalize the deal, however, Chevron and Hess still need to prevail in arbitration against Exxon Mobil Corp. and Cnooc Ltd., who claim a right-of-first-refusal on Hess’ biggest asset — a 30% ...
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