CVX Jul 2024 145.000 call
- Barrons.com
Hess Wins Shareholder Vote for Chevron Deal
FEATURE Hess shareholders voted on Tuesday to approve a $53 million merger with Chevron removing the first of three question marks hanging over the deal. The news is particularly important for Chevron, which is counting on the Hess deal to bulk up its future production.
- Bloomberg
Hess Investors Vote in Favor of $53 Billion Chevron Takeover
(Bloomberg) -- Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsCatering to the Ultra-Rich
- Reuters
Hess shareholders approve merger with Chevron
Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass. Chevron offered to acquire Hess last October in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields.
