News Formal

Occidental: Skipping shareholder merger vote will make its Anadarko bid superior to Chevron's

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko's board ...

REUTERS: Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko's board considers its offer superior to one from Chevron Corp .

Occidental increased the cash component of its US$38 billion bid to acquire Anadarko on Sunday, removing a requirement for any deal to receive the approval of Occidental's shareholders.Skipping the shareholder vote will allow for"clarity of closing," which Occidental Chief Executive Vicki Hollub said was why Anadarko board members think Chevron's US$33 billion offer was superior to Occidental's US$38 billion bid - it would not require a Chevron shareholder vote.

Occidental did not want to skip the shareholder vote for a merger, but Hollub said it was in the best interest of shareholders to get a deal done without raising the overall price.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

US education groups McGraw-Hill, Cengage plan all-stock mergerEducational publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc are planning an all-stock merger, McGraw-Hill said on Wednesday.
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »