OPINION

Slugcatcher: M&A time gets closer as cash grows

MONEY has a history of burning a hole in the pockets of its owners which is why Slugcatcher reckons the mountains of spare cash in the global oil industry today will spark a corporate deal rush before governments find a way to steal it.

Slugcatcher
Slugcatcher: M&A time gets closer as cash grows

A single number added to this merger and acquisition (M&A) theory late last week - US$33 billion. That's the size of the cash balance currently held by ExxonMobil, the most in the company's accounts...

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