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Chevron closes Noble Energy acquisition

US MAJOR oil and gas producer Chevron Corp has completed its buy of Noble Energy valued at US$5 billion, in what was the first large merger and acquisition since the pandemic began and the oil price crashed.

Chevron closes Noble Energy acquisition

Chevron and Noble Energy signed a merger agreement in July. While the transaction was worth US$5 billion, the deal was an all-stock merger.  The merger was subject to approval by Noble shareholders,...

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