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re: Chevron’s $53 Billion Deal for Hess in Jeopardy on Possible Exxon Challenge
Posted on 2/26/24 at 9:15 pm to PGAOLDBawNeVaBroke
Posted on 2/26/24 at 9:15 pm to PGAOLDBawNeVaBroke
quote:
But that constitutes a change of control and XOM absolutely will have a rofr on that. Doesn’t matter if it’s a whole acquisition or not.
I would argue it doesn’t. Chevron is buying Hess, which owns Hess Guyana (or whatever they call their Guyanese entity). Hess Guyana will still exist and still control their share of the partnership, but will be wholly owned by Chevron.
Posted on 2/26/24 at 9:15 pm to waiting4saturday
Is this because of the dude that was caught at the motel with two hookers?
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