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Exxon’s Blockbuster Pioneer Merger Needs Biden’s Blessing First - BNN Bloomberg

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Exxon Mobil Corp. needs approval from the Biden administration before it can take over independent oil and gas producer Pioneer Natural Resources Co. in what would be the world’s biggest deal this yea

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Pioneer shares jump in premarket trading on merger talks with ExxonA deal would be Exxon’s biggest acquisition since its $81-billion deal for Mobil in 1998 and could solidify the oil major’s position in the lucrative Permian basin
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Pioneer shares jump on merger talks with ExxonExplore stories from Atlantic Canada.
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Exxon Mobil in advanced talks for $60 billion acquisition of Pioneer\u002DsourcesExplore stories from Atlantic Canada.
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Exxon Mobil in advanced talks for $60-billion acquisition of Pioneer, sources sayExxon, which is valued at about $436 billion, last year earned a record $55.7 billion on sky high oil and gas prices and ended the year with $29.6 billion in cash and equivalents
Source: globeandmail - 🏆 5. / 92 Read more »