September 24, 2024 archive

FTC expected to approve Chevron’s purchase of Hess

It could happen this week. The Federal Trade Commission is expected to approve Chevron’s purchase of Hess as soon as this week.  Exxon is challenging the deal. The purchase was first announced a year ago. Reuters reports uncertainty over completion of the $53 billion purchase has knocked Chevron shares down by 1% this year. Exxon …

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