Chevron to buy Noble Energy in USD5 B deal

Chevron to buy Noble Energy in USD5 B deal
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21.07.2020

MOSCOW (MRC) -- Oil major Chevron Corp said it agreed to buy Noble Energy Inc in an all-stock deal, valuing the Houston-based oil and gas producer at USD5 billion, said Hydrocarbonprocessing.The offer values Noble at USD10.38 a share or 0.1191 Chevron share, a 7.5% premium to Noble's Friday close. The deal would value Noble at roughly USD13 billion, including debt.Noble's assets will expa

Full article at mrcplast.com

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