Hess Investors Should Abstain on Chevron Takeover, Proxy Firm Advises

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Schumer Urges FTC to ‘Pump the Brakes’ on Chevron-Hess DealSenate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to pause Chevron Corp.’s proposed $53 billion takeover of Hess Corp., arguing the deal would give the oil industry more power to raise gas prices.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess mergerExplore stories from Atlantic Canada.
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Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger'The FTC should side with consumers and pump the breaks on this deal,' Schumer said in a post on social media platform X, adding that the deal would give oil...
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Sen. Schumer calls on FTC to stop Chevron merger with HessSenate Majority Leader Chuck Schumer has called on the Federal Trade Commission (FTC) to intervene in the proposed merger between Chevron (CVX) and Hess (HES...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chevron CEO Expects Exxon Arbitration Resolved in Coming MonthsChevron Corp. expects a resolution to a dispute with Exxon Mobil Corp. over a Guyana oil contract in coming months that would allow for the completion of the $53 billion acquisition of Hess Corp. this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »