US FTC set to rule on Exxon's $60 bln deal for Pioneer, Bloomberg reports-January 2024-www.financetom.com

US FTC set to rule on Exxon's $60 bln deal for Pioneer, Bloomberg reports

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US FTC set to rule on Exxon's $60 bln deal for Pioneer, Bloomberg reports

May 1, 2024 9:41 AM

May 1 (Reuters) - The U.S. Federal Trade Commission is

set to decide whether to sue to block Exxon Mobil's ( XOM ) $60

billion acquisition of Pioneer Natural Resources ( PXD ) in the

coming days, Bloomberg News reported on Wednesday, citing people

familiar with the matter.

The FTC had sent a second request for more information on

the deal, last year.

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