Chevron-Hess merger clears FTC antitrust review
WEB2 days ago — San Ramon, California, September 30, 2024 — Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction. “This is an important step toward completing the merger, …
Chevron-Hess Merger Clears FTC Antitrust Review - Yahoo Finance
WEB1 day ago — SAN RAMON, Calif., September 30, 2024--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation ...
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
WEB1 day ago — Sept. 30, 2024, 2:02 p.m. ET. The Federal Trade Commission said on Monday that it would let the oil giant Chevron acquire Hess but that the chief executive of Hess would not be allowed to join ...
Hess Announces HSR Clearance Of Chevron-Hess Merger | Hess …
WEB2 days ago — Press Release. NEW YORK -- (BUSINESS WIRE)--Sep. 30, 2024-- Hess Corporation (NYSE: HES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. “We are very pleased that our merger with …
FTC allows Chevron-Hess deal, bars John Hess from board
WEB1 day ago — The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess Deal
WEB2 days ago — As detailed in the complaint, the merger agreement between Chevron and Hess Corporation requires Chevron to take all actions necessary to appoint Mr. Hess to its Board of Directors. The FTC’s complaint alleges that, as a Chevron Board member, Mr. Hess would gain a much larger platform to amplify his supportive messaging to OPEC …
Chevron-Hess Merger Clears FTC Antitrust Review - Morningstar
WEB2 days ago — Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing ...
FTC Clears Chevron's $53B Hess Merger, Sets Restriction For John …
WEB1 day ago — Zinger Key Points. Chevron clears FTC antitrust review, moving closer to finalizing $53B merger with Hess Corp. Hess CEO to advise Chevron on Guyana investments and global energy initiatives after ...
FTC confirms Chevron-Hess deal approval barring John Hess from …
WEB1 day ago — Chevron (NYSE:CVX) and Hess said Monday the Federal Trade Commission completed an antitrust review of their proposed merger, and the companies confirmed that Hess CEO John Hess will not be ...
Chevron Announces Agreement to Acquire Hess
WEBChevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.