Before Occidental Petroleum Corp clinched a deal on Thursday to buy Anadarko Pet...
- Before Occidental Petroleum Corp clinched a deal on Thursday to buy Anadarko Petroleum Corp for $38 billion, it pursued its U.S. oil and gas exploration and production rival for nearly two years, culminating in the sector’s most high-profile public contest since the 1980s.
Here is the inside account of the takeover battle, according to seven sources familiar with the discussions: JANUARY 2018 - Occidental made a revised proposal of $76 a share for Anadarko, half in cash and half in stock. MARCH 23, 2019 - Occidental sent Anadarko an offer for $19 per share in cash and 0.8737 shares of its stock for a total of about $76 a share. The offer was based on a 75/25 stock-cash split.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Occidental: Skipping shareholder merger vote will make its Anadarko bid superior to Chevron'sOccidental Petroleum Corp said on Monday that its latest bid to take over Anadar...
Weiterlesen »
Occidental revises bid for Anadarko in buyout battle with Chevron, offers mostly cashOccidental Petroleum submitted a revised buyout offer to Anadarko Petroleum, offering 78% cash and 22% stock rather than a 50-50 split.
Weiterlesen »
Chevron's stock the only Dow stock gaining after Occidental revises Anadarko rival buyout bidChevron Corp.'s stock edged up 0.2% in premarket trade Monday, and was the only Dow Jones Industrial Average component gaining ground ahead of the open,...
Weiterlesen »
Anadarko is likely to deem Occidental's buyout offer superior to Chevron's bid: Sources
Weiterlesen »
Occidental: Skipping shareholder merger vote will make its Anadarko bid superior to Chevron'sOccidental Petroleum Corp said on Monday that its latest bid to take over Anadar...
Weiterlesen »
What Chevron stands to lose if Occidental wins bidding war for AnadarkoA victory by Occidental would block Chevron from advancing some of its key priorities and bolster one of its biggest Big Oil rivals.
Weiterlesen »
Anadarko Says Occidental Now ‘Superior’ Offer to ChevronAnadarko said a $38 billion bid by Occidental Petroleum was superior to an offer it had accepted from Chevron, raising the stakes in the battle for the company.
Weiterlesen »
Anadarko backs Occidental's revised bid, pressuring Chevron to respondAnadarko Petroleum Corp's board on Monday backed a $38 billion bid from Occ...
Weiterlesen »
Anadarko poised to cancel buyout deal with Chevron after board says Occidental's bid is superiorBuffett says the stock market nosedive on Trump's weekend threat to increase tariffs on China is 'rational.'
Weiterlesen »
Chevron drops Anadarko takeover battle after Occidental raises bidChevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday,...
Weiterlesen »