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Chevron's $53 billion Hess acquisition is not going smoothly

Chevron is a big oil company based in California that wants to acquire Hess, a big oil company based in New York, for $53 billion. Reuters reports that the matter is coming to a vote before Hess’ shareholders on Tuesday, but it’snot clear the deal is

By: Quartz India

Jun 03 2024
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4330 Views

Chevron's $53 billion Hess acquisition is not going smoothly — Chevron's $53 billion Hess acq

Chevron is a big oil company based in California that wants to acquire Hess, a big oil company based in New York, for $53 billion. Reuters reports that the matter is coming to a vote before Hess shar… [+1900 chars]