Hess Shareholders Approve $53B Chevron Merger
TL;DR Summary
Shareholders of Hess have approved its $53 billion sale to Chevron, pending regulatory approval and arbitration with ExxonMobil. ConocoPhillips is set to acquire Marathon Oil in a $17.1 billion all-stock deal, expanding its domestic footprint. Both deals signify major consolidations in the energy sector.
- Energy: Shareholders approve Hess sale, Conoco to buy Marathon Yahoo Finance
- Hess Shareholders Give Approval to $53 Billion Merger With Chevron The Wall Street Journal
- Chevron-Hess deal: What hurdles remain? Yahoo Finance
- Hess shareholders approve $53 billion Chevron deal amid dispute with Exxon over Guyana assets CNBC
- Chevron deal clears hurdle as Hess investors back $53bn takeover Financial Times
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