Chevron Slump Cuts $6.5 Billion From Deal Value for Hess Holders bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Chevron Corp.’s post-earnings selloff shrank the value of its all-stock offer for Hess Corp. by roughly $6.5 billion.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingUS Military Attacks Two Syrian Facilities It Says Are Linked to IranEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventChina, US Release Dueling Videos With Accusations of ProvocationChevron slumped as much as 5.9% on Friday after posting a massive 6