Chevron to buy Noble Energy for $5 billion

Chevron to buy Noble Energy for $5 billion

Chevron said on Monday it would buy Noble Energy in a $5 billion all-stock deal, in what marks the biggest oil-patch tie-up since the pandemic took hold. Including Noble debt, the total enterprise value of the deal is $13 billion. The deal comes more than a year after Chevron abandoned its offer for Anadarko Petroleum, outmaneuvered by Occidental Petroleum’s higher bid.

Kathy
Kathy
Leonard
Leonard 2 weeks

Thanks to whomever posted this. Nice to see something other than politics.

Top in Business
Get the App