Chevron, John Hess
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC
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,
FTC Plans to Block Hess CEO from Chevron Board
John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.
Reports: FTC to approve Chevron-Hess megadeal with major condition
The FTC will approve Chevron's acquisition of Hess with one major condition, reports say. But that doesn't mean the deal will close anytime soon.
FTC Bars Hess CEO From Chevron Board Seat as Condition of Deal, Say Sources
HOUSTON (Reuters) -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.
US FTC close to approving Chevron’s $53bn acquisition of Hess
The deal's success now hinges on overcoming a challenge from ExxonMobil, which, alongside CNOOC, is contesting the merger.
Chevron-Hess Merger Could Soon Get FTC Approval: Report
Chevron's $53B merger with Hess facing delays due to arbitration with Exxon and CNOOC. FTC may approve deal this week, but final decision expected by Sept 2025.
FTC Set to Greenlight Chevron's $53 Billion Buy of Oil Rival Hess, Sources Say
The FTC required Exxon to withdraw its offer of a board seat to Pioneer Natural Resources CEO Scott Sheffield as a condition for its go-ahead. The FTC alleged he colluded with OPEC to reduce U.S. oil and gas output to potentially raise the price of oil.
Chevron Set to Get FTC Green Light for Hess Deal
The FTC is expected to approve Chevron's $53 billion acquisition of Hess despite earlier challenges from Exxon and concerns from Democrats about higher gas prices.
FTC to Greenlight Chevron’s $53 Billion Hess Deal, Reuters Says
The US Federal Trade Commission is expected to greenlight Chevron Corp.’s $53 billion deal to buy Hess Corp., according to Reuters.
FTC expected to greenlight Chevron's proposed Hess deal - Reuters
The U.S. Federal Trade Commission is expected to approve Chevron's (CVX) $53B acquisition offer for Hess (NYSE:HES) as soon as this week, Reuters reported Monday, which would leave Exxon Mobil's (XOM) challenge to the deal as the only remaining obstacle.
Chevron will leave John Hess off its board to win merger approval
It was not immediately clear why the FTC would seek to prevent Hess from joining Chevron’s board. In an unusual move, he was ...
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FTC Bars Hess CEO From Joining Chevron Board in Merger
The Federal Trade Commission has said Hess Corp’s CEO must not join the board of Chevron if the two companies want the merger ...
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FTC set to greenlight Chevron's $53 bln buy of oil rival Hess, sources say
Sept 23 (Reuters) - The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N), opens new tab purchase of Hess (HES.N), opens new tab as soon as this week, two ...
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U.S. to Approve Chevron’s (NYSE:CVX) Takeover of Rival Hess Corp. (NYSE:HES)
Reuters is reporting that the U.S. Federal Trade Commission (FTC) will approve oil major Chevron’s ($CVX) $53 billion ...