Chevron Closes Megadeal for Hess
Digest more
Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil projects in the world.
Chevron (NYSE:CVX)’s $53 billion acquisition of Hess Corp (NYSE:HES). can now proceed after an arbitration panel ruled in favor of Hess in its dispute with Exxon Mobil Corp (NYSE:XOM).