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Market Chatter: FTC Set to Rule on Exxon Mobil-Pioneer Deal in Coming Days
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Market Chatter: FTC Set to Rule on Exxon Mobil-Pioneer Deal in Coming Days
May 1, 2024 10:10 AM

12:50 PM EDT, 05/01/2024 (MT Newswires) -- The Federal Trade Commission is prepared to decide whether to sue to block Exxon Mobil's ( XOM ) $60 billion acquisition of Pioneer Natural Resources ( PXD ) in the coming days, Bloomberg reported Wednesday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 116.28, Change: -1.99, Percent Change: -1.68

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