Mergers and Acquisitions

Auto Added by WPeMatico

Tellurian Shareholders Back Proposed $1.2 bln Woodside Deal

(Reuters) – Tellurian shareholders have voted in favor of the U.S. LNG developer’s proposed $1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday. Shares rose 1.4% to 98 cents in premarket trade. Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project. The …

Tellurian Shareholders Back Proposed $1.2 bln Woodside Deal Read More »

FTC Allows Chevron-Hess Deal, Bars John Hess From Board

The U.S. Federal Trade Commission allowed Chevron’s $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron’s board. The FTC’s order leaves Exxon Mobil’s challenge to the deal, which is expected to stretch deep into next year, as its final hurdle. The proposed merger included a Chevron …

FTC Allows Chevron-Hess Deal, Bars John Hess From Board Read More »

M&A Seen Slowing Ahead of U.S. Elections After Uneven Third Quarter

Dealmakers are bracing for a slowdown in global mergers and acquisitions in the fourth quarter as companies postpone pursuing big targets ahead of the U.S. elections, hoping this will only be a temporary setback before a rebound next year. Deals announced worldwide in 2024 totaled $846.8 billion as of Sept. 25, up 14% from the …

M&A Seen Slowing Ahead of U.S. Elections After Uneven Third Quarter Read More »

Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Eeek of October

Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under “EXE” ticker symbol OKLAHOMA CITY and SPRING, Texas, Sept. 26, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies’ pending combination under …

Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Eeek of October Read More »

FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say

The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron’s purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil’s challenge to the $53 billion deal as its final hurdle.                      The proposed merger was first …

FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say Read More »

Chesapeake Energy Says Deal for Southwestern Energy to Close Early in 4Q

Chesapeake Energy’s $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell’Osso said on Wednesday. The deal was delayed earlier this year after the U.S. Federal Trade Commission requested additional information from the two. Chesapeake announced the all-stock purchase in January and originally …

Chesapeake Energy Says Deal for Southwestern Energy to Close Early in 4Q Read More »

Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas

Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …

Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas Read More »

Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas

Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …

Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas Read More »

Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say

Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron  last October offered to pay $53 billion for Hess, one of the two biggest deals …

Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say Read More »

Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say

Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron  last October offered to pay $53 billion for Hess, one of the two biggest deals …

Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say Read More »