Deal snapshot: Chevron to Acquire Hess for USD 53bn.

MANews-(C)2009-2023

US-based energy company Chevron Corp. (NYSE: CVX) has agreed to acquire all outstanding shares of US-based energy company Hess Corp. (NYSE: HES) in an all-stock transaction valued at UD 53bn announced or USD 171 per share, the company said.

Under the terms of the agreement, Hess shareholders will receive...

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