FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess Deal
WEB17 hours ago · Merger. oil and gas competition. Energy. The Federal Trade Commission is taking action to resolve antitrust concerns related to Chevron Corporation’s acquisition of rival oil producer Hess Corporation by approving a proposed consent order that would prohibit Chevron from appointing Hess CEO John B. Hess to its Board of Directors.
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
WEB13 hours ago · Sept. 30, 2024, 2:02 p.m. ET. The Federal Trade Commission said on Monday that it would let the oil giant Chevron acquire Hess but that the chief executive of Hess would not be allowed to join ...
US FTC allows Chevron-Hess deal, bars John Hess from board
WEB17 hours ago · The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From
WEB10 hours ago · The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
US FTC allows Chevron-Hess deal, bars John Hess from board
WEB17 hours ago · NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's ...
Chevron-Hess merger clears FTC antitrust review
WEB1 day ago · San Ramon, California, September 30, 2024 — Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction. “This is an important step toward completing the merger, which will benefit our shareholders, the industry, and the ...
FTC clears Chevron-Hess deal, bans John Hess from board
WEB15 hours ago · The Federal Trade Commission has banned Hess Corp. CEO John Hess from Chevron 's board as a condition for the oil companies' $53 billion merger to move forward. 📺 24/7 Chicago news stream ...
Hess Announces HSR Clearance Of Chevron-Hess Merger | Hess …
WEB1 day ago · NEW YORK--(BUSINESS WIRE)--Sep. 30, 2024-- Hess Corporation (NYSE: HES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. “We are very pleased that our merger with Chevron has cleared this significant regulatory hurdle,” said CEO John Hess.
FTC bars Hess CEO from Chevron board seat as condition of deal, …
WEB4 days ago · U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess , people close to the matter said.
Chevron-Hess Merger Clears FTC Antitrust Review - Yahoo Finance
WEB16 hours ago · SAN RAMON, Calif., September 30, 2024--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation ...
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