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Hess, Chevron
Chevron-Hess Merger Clears FTC Antitrust Review
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.
Hess Announces HSR Clearance Of Chevron-Hess Merger
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 the closing conditions for the transaction.
FTC Release: FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess Deal
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.
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant could acquire the smaller company as long as the chief executive of Hess did not join its board.
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
Key Takeaways Chevron's $53 billion acquisition of Hess cleared a regulatory hurdle Monday as the Federal Trade Commission (FTC) completed its review of the deal.However, the FTC barred Hess CEO John Hess from joining Chevron's board.
FTC clears Chevron’s $53bn merger with Hess
As a condition of the approval, the Federal Trade Commission (FTC) has stipulated that Hess CEO John B Hess will not join Chevron's board of directors.
Hess CEO barred from Chevron board over FTC price collusion allegations
The FTC cited John Hess' participation in public meetings as well as private communications regarding oil supply with officials at OPEC, including OPEC
2d
on MSN
Chevron Corporation (CVX): Warren Buffett’s Stock Recommended by Analysts
We recently compiled a list of the 8 Best Warren Buffett Stocks to Buy According to Analysts. In this article, we are going ...
This Day
2d
Report: Chevron Paid More to African Petrostates Than US in 2023
Chevron Corporation paid $6.25 billion in taxes and shared oil production to Nigeria, Angola, and Equatorial Guinea in 2023, ...
2d
FTC Bans Exec From Chevron Board—Exercising Authority It Doesn't Have, GOP Dissenters Say
"For the second time in five months, the majority has used its leverage in the HSR process to extract a consent from merging ...
2d
on MSN
Chevron Corporation (CVX): Navigating Energy Volatility with Strong Dividend Payouts
Top 15. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands in the dividend champions ...
12d
Chevron: Defensive Value Investment As Oil Drilling Falters On Demand Concerns
Chevron's strong balance sheet, low debt-to-equity ratio, and strategic acquisitions position it well for future growth. See ...
1d
Chevron donates $2.5 million to Midland athletic complex
On Tuesday, Chevron announced its plans to donate $2.5 million toward the development of the Midland Athletic Syndicate ...
Opinion
1d
Opinion
The End of Chevron Deference Will Be Messier Than Businesses Expect
It’s not a foregone conclusion that the results will benefit corporations, Nhat Nguyen writes in a guest commentary.
12d
Striking Oil: Why Chevron Remains A Strong Buy
Chevron offers strong shareholder returns with a 4.5% dividend yield and aggressive buybacks, translating to a 9.2% ...
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John Hess
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