Anadarko calls Occidental takeover offer 'superior' to Chevron's - free news

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Wednesday, 8 May 2019

Anadarko calls Occidental takeover offer 'superior' to Chevron's

Anadarko calls Occidental takeover offer 'superior' to Chevron'sUS oil group Anadarko said Monday that Occidental Petroleum's takeover bid is "superior" to Chevron's, amid a fierce battle over the company's assets in the shale-rich Permian Basin in Texas. After initially siding with Chevron, Anadarko reopened talks when Occidental raised its share price. Last week, Occidental also upped its cash offer to $38 billion.




from Yahoo News - Latest News & Headlines https://yhoo.it/2PUuaEr

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