Chevron Corp will acquire Anadarko Petroleum Corp for $65 a share, the company said in a statement. Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. Chevron will issue 200-million shares and pay $8-billion in cash. The company will also assume about $15-billion of net debt.
Chevron to acquire Anadarko for $33bn in stock, cash
2019-04-12T12:25:55+01:00April 12th, 2019|