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F.T.C. Clears Chevron's Purchase of Hess
FTC clears Chevron’s $53bn merger with Hess
As a condition of the approval, the Federal Trade Commission (FTC) has stipulated that Hess CEO John B Hess will not join Chevron's board of directors.
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
On Monday, the Federal Trade Commission (FTC) filed a complaint against
John
B
.
Hess
, CEO of
Hess
Corporation, accusing him of secretly communicating with the Organization of Petroleum Exporting Countries (OPEC).
Hess
’s company had sought a $53 billion ...
10h
John Hess Is the Latest Target for Antitrust Enforcers. The Oil Patch Isn’t Happy.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
19h
FTC Clears Chevron's $53B Hess Merger, Sets Restriction For John Hess
Chevron and Hess merger clears FTC antitrust review, but Hess CEO John Hess will not join Chevron board. Chevron CEO ...
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4d
M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC Approval
Chevron Corp. ($CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. ($HES) ...
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