US energy giant Chevron Corporation has entered into a definitive agreement to acquire Noble Energy in an all-stock transaction valued at $5bn. The total enterprise value, including debt, of the transaction is $13bn. Chevron says the acquisition provides it with low-cost, proved reserves and attractive undeveloped resources as well as low-capital, cash-generating offshore assets in Israel. It will also generate …
US energy giant Chevron Corporation has entered into a definitive agreement to acquire Noble Energy in an all-stock transaction valued at $5bn. The total enterprise value, including debt, of the transaction is $13bn. Chevron says the acquisition provides it with low-cost, proved reserves and attractive undeveloped resources as well as low-capital, cash-generating offshore assets in Israel. It will also generate …
[post_title] => Chevron acquires Noble Energy in $5bn deal
[post_excerpt] => US energy giant Chevron Corporation has entered into a definitive agreement to acquire Noble Energy in an all-stock transaction valued at $5bn. The total enterprise value, including debt, of the transaction is $13bn. Chevron says the acquisit...
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[post_name] => chevron-acquires-noble-energy-in-5bn-deal
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[post_modified] => 2020-07-21 03:00:27
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