Exxon Mobil in Advanced Talks for $60 Bln Acquisition of Pioneer Natural Resources

(Reuters) – Exxon Mobil  is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer in the region of $60 billion, people familiar with the matter said on Thursday. The acquisition would expand Exxon’s footprint in one of the most lucrative areas of the U.S. oil … Read more

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