FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess …
WEBSep 30, 2024 · 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
WEBSept. 30, 2024. 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 Chevron’s board...
US FTC allows Chevron-Hess deal, bars John Hess from board
WEBSep 30, 2024 · 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.
Chevron-Hess merger clears FTC antitrust review
WEBSep 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.
FTC bars Hess CEO from Chevron board seat as condition of deal, …
WEBSep 26, 2024 · HOUSTON (Reuters) -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...
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC - Bloomberg.com
WEBSep 26, 2024 · Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing the companies...
Chevron-Hess Merger Clears FTC Antitrust Review - Yahoo Finance
WEBSep 30, 2024 · 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...
Chevron will leave John Hess off its board to win merger approval
WEBSep 26, 2024 · But with a ruling by the US Federal Trade Commission anticipated by the end of this week, the people said Chevron was willing to keep Hess off the board in order to ensure the deal was approved.
Hess Announces HSR Clearance Of Chevron-Hess Merger | Hess …
WEBSep 30, 2024 · 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.
Chevron/Hess, In the Matter of | Federal Trade Commission
WEBSep 30, 2024 · The Federal Trade Commission took 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.
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