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Chevron Slump Cuts $6 5 Billion From Deal Value for Hess Holders

Chevron Slump Cuts $6 5 Billion From Deal Value for Hess Holders
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Chevron Slump Cuts $6 5 Billion From Deal for Hess Holders

(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

Bloomberg businessweekSimon caseyVincent piazzaHess corpBloomberg chevron corpBloomberg intelligenceChevron disappointWeak refiningPermian basinVincent piazza