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ExxonMobil and Chevron held merger talks in 2020

ExxonMobil and Chevron held merger talks in 2020

The CEOs of Exxon Mobil Corp. and Chevron Corp. reportedly spoke last year about combining the oil giants in what would have been the biggest merger of all time. The preliminary discussions took place following the outbreak of the pandemic and were seen as having tested the waters for the merger during a time of enormous financial strain on both firms. The discussions could resume in the future.

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