FTC clears Chevron-Hess deal, bans John Hess from board
WEB1 day ago · The Federal Trade Commission has banned Hess Corp. CEO John Hess from Chevron ’s board as a condition for the oil companies’ $53 billion merger to move forward. The FTC on Monday alleged...
US 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 …
WEB1 day ago · The Federal Trade Commission is taking action to resolve antitrust concerns related to Chevron Corporation’s acquisition of rival oil producer Hess Corporation by approving a proposed consent order that would prohibit Chevron from appointing Hess CEO John B. Hess to its Board of Directors.
Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
WEB17 hours ago · John Hess had initially expected to join Chevron’s board following the merger, which would have positioned him as one of its largest shareholders. Instead, Hess will take on the role of advisor...
Hess Announces HSR Clearance Of Chevron-Hess Merger | Hess Corporation
WEB1 day ago · 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 …
FTC Cites OPEC in Barring John Hess From Chevron’s Board
WEB1 day ago · The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the...
Chevron-Hess merger clears FTC antitrust review
WEB1 day 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 condition for the transaction.
US FTC Allows Chevron-Hess Deal, Bars John Hess From Board - U.S. News
WEB1 day ago · NEW YORK (Reuters) -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 confirms Chevron-Hess deal approval barring John Hess …
WEB1 day ago · Chevron (NYSE: CVX) and Hess (HES) said Monday the Federal Trade Commission completed an antitrust review of their proposed merger, and the companies confirmed that Hess CEO John Hess...
Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
WEBOct 23, 2023 · John Hess, the chief executive of Hess, is expected to join Chevron’s board. He and his family will be big winners from the transaction.