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Market Chatter: FTC to Delay Chevron-Hess Decision Until After Exxon Arbitration Settled
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Market Chatter: FTC to Delay Chevron-Hess Decision Until After Exxon Arbitration Settled
Jul 11, 2024 9:30 AM

12:01 PM EDT, 07/11/2024 (MT Newswires) -- The Federal Trade Commission is planning to delay a decision on whether to block Chevron's ( CVX ) $53 billion acquisition of Hess (HES) until an arbitration case with Exxon Mobil ( XOM ) is settled, Bloomberg reported, 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: 112.64, Change: +0.72, Percent Change: +0.64

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