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Chevron’s $5 Billion Deal for Noble Ends Deal Drought

By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this year’s deal drought, setting a price benchmark that will trigger more buys, according to mergers and acquisition bankers, lawyers and analysts. The COVID-19 pandemic destroyed fuel demand and left […]

WP_Post Object ( [ID] => 227663 [post_author] => 4 [post_date] => 2020-07-21 19:24:58 [post_date_gmt] => 2020-07-21 19:24:58 [post_content] => offshore rigBy Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this year’s deal drought, setting a price benchmark that will trigger more buys, according to mergers and acquisition bankers, lawyers and analysts. The COVID-19 pandemic destroyed fuel demand and left […] [post_title] => Chevron’s $5 Billion Deal for Noble Ends Deal Drought [post_excerpt] => By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this year’s deal drought, setting a price benchmark that will trigger more buys, according to... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => chevrons-5-billion-deal-for-noble-ends-deal-drought [to_ping] => [pinged] => [post_modified] => 2020-07-21 19:24:58 [post_modified_gmt] => 2020-07-21 19:24:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141281 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )