Chevron makes deal to acquire Noble Midstream

 

Another major deal was struck Friday in the oil and gas industry as Chevron Corp announced its intentions to buy the shares it already does not own in Noble Midstream Partner LP in a deal worth $1.32 billion.

The deal could be closed in the second quarter of the year and means Noble Midstream unitholders will receive 0.1393 Chevron shares for each unit held reported Reuters.

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