Exxon And Chevron Discussed Merger In 2020 ...Middle East

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Exxon And Chevron Discussed Merger In 2020
source : OILPRICE ( Middle East ) () 16
The two largest oil companies in the United States, Exxon and Chevron, were in talks to merge amid the pandemic crisis last year, the Wall Street Journal has reported, citing unnamed sources in the know. The report noted that such a tie-up would be one of the biggest corporate mergers ever and create a company that could be worth more than $350 billion based on Exxon’s and Chevron’s current valuations. Yet such a deal, if it is still on the table, would also face considerable regulatory hurdles, the Wall Street Journal’s Christopher…

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