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Published 14 days ago

Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June

Summary by Oil Price
ExxonMobil continues to expect that the U.S. antitrust authority will give the green light to its proposed $60-billion all-stock acquisition of Pioneer Natural Resources by the end of the second quarter, Exxon’s chief financial officer Kathy Mikells told Bloomberg in an interview on Friday. Exxon said in its Q1 earnings release today that it expects the transaction, which has been approved by Pioneer shareholders, to close in the second quarter …

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Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June

ExxonMobil continues to expect that the U.S. antitrust authority will give the green light to its proposed $60-billion all-stock acquisition of Pioneer Natural Resources by the end of the second quarter, Exxon’s chief financial officer Kathy Mikells told Bloomberg in an interview on Friday. Exxon said in its Q1 earnings release today that it expects the transaction, which has been approved by Pioneer shareholders, to close in the second quarter …

14 days ago·London, United Kingdom
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