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Chevron-Hess deal decision delayed by FTC over Exxon arbitration, Bloomberg News reports
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Chevron-Hess deal decision delayed by FTC over Exxon arbitration, Bloomberg News reports
Jul 11, 2024 9:21 AM

July 11 (Reuters) - The U.S. Federal Trade Commission

plans to delay its decision whether to block Chevron's ( CVX )

$53 billion takeover of Hess until after an arbitration

case with Exxon Mobil ( XOM ) is settled, Bloomberg News

reported on Thursday.

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