1. Chevron Announces Agreement to Acquire Noble Energy | Business & Finance | heraldchronicle.com

    Chevron Announces Agreement to Acquire Noble Energy | Business & Finance | heraldchronicle.com

    Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Noble Energy, Inc. (NASDAQ: NBL) to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020 and under the terms of the agreement, Noble Energy shareholders will receive 0.1191 shares of Chevron for each Noble Energy share...

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    1. Our strong balance sheet and financial discipline gives us the flexibility to be a buyer of quality assets during these challenging times.
    2. The combination with Chevron is a compelling opportunity to join an admired global, diversified energy leader with a top-tier balance sheet and strong shareholder returns.
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