Deal snapshot: ExxonMobil Merges with Pioneer Natural Resources in an All-Stock Transaction Valued at USD 59.5bn.
MANews-(C)2009-2023
Texas-based energy and petrochemical company Exxon Mobil Corp. (NYSE: XOM) has agreed to acquire Dallas-based oil and gas exploration and production company Pioneer Natural Resources (NYSE: PXD) in an all-stock transaction valued at USD59.5 bn, or USD253 per share, the company said.
Under the terms of the agreement, Pioneer shareholders will receive...
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