Occidental Bid For Anadarko Hit Mid$70s Before Chevron Deal News Cnbc | Latest News RSS feed

Occidental Bid For Anadarko Hit Mid$70s Before Chevron Deal News Cnbc - Latest News

Occidental bid for Anadarko hit mid-$70s before Chevron deal news - CNBC

Merger talks were ongoing between Occidental Petroleum (OXY-3%) and Anadarko Petroleum (APC +2%) when Chevron ... offer price, CNBC's David Faber reports. OXY's bid had reached the mid-$70s/share and ... read more

Occidental bid for Anadarko reached mid-$70s per share before Chevron deal disrupted talks: Sources

News of Chevron's purchase of Anadarko Petroleum suddenly cut off a rival bid by Occidental Petroleum, sources tell CNBC's David Faber. Occidental's offer had reached the mid-$70s per share and was ... read more

Occidental Petroleum offers $57 billion for Anadarko, topping Chevron

A deal ... Occidental's $76 per share offer comprises $38 in cash and 0.6094 of its shares. The offer represents a premium of 19 percent to Anadarko's closing price on Tuesday and 62 percent to the ... read more

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Anadarko to resume deal talks with Occidental, says bid could be 'superior' to Chevron's offer

... agreed that Occidetnal's bid could reasonably lead to a superior proposal. Anadarko Petroleum on Monday announced it will restart negotiations with Occidental, after earlier striking a deal with ... read more

Chevron may have to sweeten offer for Anadarko after rival Occidental bid

Ross Perot was a technology entrepreneur before ... prefer to hold Chevron's stock, according to analysts. Occidental is offering Anadarko shareholders $76 per share in cash and stock, in a deal ... read more

Anadarko Is Likely to Accept Revised Occidental Bid Monday

Following Occidental’s revised bid, Anadarko said in a statement that it will review the offer and reaffirmed its existing recommendation to shareholders to accept the Chevron deal. CNBC reported ... read more

Occidental's Winding Path to Anadarko Bid Led to Buffett

It didn’t include the collar agreement that Anadarko had requested. With Chevron’s $65-per-share bid already on the table, Anadarko had a decision to make. At the 11th hour -- the day before the deal ... read more

Chevron Leaps to ‘Ultramajor’ Oil Status With Anadarko Deal

CNBC reported Occidental’s bid ... Further coverage of the deal Chevron-Anadarko Deal Shows Why Gas Is Big Oil’s Future Chevron Reaps Treasure, Trouble in Rebel-Hit Mozambique Gas Area Chevron’s ... read more

Chevron drops Anadarko takeover battle after Occidental raises bid

HOUSTON (Reuters) - Chevron Corp abandoned its takeover bid for Anadarko ... noting the deal would add $46 billion of debt before any sale of assets. Several investors also have criticized ... read more

Occidental offers $38 billion for Anadarko, topping Chevron

Occidental's surprise $76-per-share bid is valued at $57 billion, including debt. That is well above Chevron's $65-per-share offer, worth $50 billion including debt, and would make an ... read more

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