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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
Posted by waiting4saturday
Covington, LA
Member since Sep 2005
9747 posts
Posted on 2/26/24 at 9:15 pm to
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 by Kingpenm3
Xanadu
Member since Aug 2011
8981 posts
Posted on 2/26/24 at 9:15 pm to
Is this because of the dude that was caught at the motel with two hookers?
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